🇦🇺Australia

Decision Errors from Faulty Budget Planning

1 verified sources

Definition

Choosing local agencies vs offshore leads to 2-4x cost variance; monolithic vs microservices doubles expenses.

Key Findings

  • Financial Impact: AUD 80,000-1,000,000 variance; local agency AUD 350,000-700,000 vs offshore AUD 80,000-150,000[2]
  • Frequency: Per major project decision
  • Root Cause: No standardized data for comparing development approaches

Why This Matters

The Pitch: IT firms in Australia 🇦🇺 lose AUD 100,000-500,000 annually on poor planning decisions. Automated tools provide data-driven visibility.

Affected Stakeholders

CEOs, Procurement, IT Directors

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Planning Phase Cost Inflation

AUD 5,000-20,000 per planning phase; up to 15% of total budget[3]

Budget Overruns in Cost Estimation

AUD 20,000-100,000+ overrun per project; 1800-2200 hours at AUD 35-50/hr totaling AUD 66,500-95,000[1]

ATO BAS Lodgement Penalties

AUD 222 failure-to-lodge penalty per BAS + AUD 52/week thereafter (ATO standard rates)

Fair Work Record-Keeping Fines

AUD 4,560 per breach for failing to keep employee records (Fair Work Ombudsman penalties)

Rework from Poor Solution Design Documentation

20-40 hours rework per business case at AUD 150/hour architect rate = AUD 3,000-6,000

Delayed Invoicing from Design Documentation Gaps

15-30 days increased DSO = AUD 5,000-10,000 tied capital per AUD 100k project

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