Overrun

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Related to Cost overruns: Budget overrun

Overrun

In the context of project financing, the amount of capital expenditures or funding above the original estimate to complete the project.

Overrun

The amount by which the actual cost of a project exceeds its budget. While this does not necessarily guarantee that the project will fail, it does make it more difficult to succeed. This is also called cost overrun or budget overrun.
References in periodicals archive ?
Cost overruns and projected final overruns are regularly reported on cost management reports prepared by the contractor.
Cost overruns will not affect Grosvenor's decision to complete the Liverpool One scheme
Noticing that no one blinked at my mention of cost overruns, and hence tantalized by the thought of obscene profits, I complied.
Appointment of Ernst & Young Would Mandate a Report on the Boleo Project Cost Overruns in Advance of Annual General Meeting
After 3 years of lawsuits and nearly $2 billion in cost overruns on the country's first nuclear construction projects in 30 years, Westinghouse Electric Co.
Panama City - Negotiations over massive cost overruns in the expansion of the Panama Canal appeared to run into trouble when one of the companies involved demanded more than $1 billion to continue work on the project.
The assessment of cost overruns is based on an evaluation of historic data from recent/similar projects undertaken by government contractors.
Australia's coal seam gas operations will have to work together to avoid cost overruns and meet tight project completion goals as key resources are in short supply, a Wood Mackenzie executive said.
These rating strengths are partially offset by DICVPL's exposure to project implementation risks, such as time and cost overruns, and delays in stabilisation of operations thereafter; the company is setting up a greenfield project to manufacture CVs.
BERLIN, Jan 26, 2010 (TUR) -- Talks on Airbus A400M military cargo plane project cost overruns, between the client countries and European Aeronautic Defence and Space Company (EADS) resumed Tuesday in Berlin.
But the MTA, aside from the cost of land acquisitions related to the extension's construction, has agreed to be responsible for all cost overruns, a level of exposure that transit watchdogs say the authority can hardly afford given its looming fiscal problems.
SANTA CLARITA -- Spurred by a report of millions of dollars in cost overruns on modernization projects, the William S.