Project Cost Overruns
Definition
Implementation roadmaps without robust project chartering, RASCI, and milestone reporting result in cost overruns from poor prioritisation and resourcing.
Key Findings
- Financial Impact: AUD 50,000+ per major project in overruns (typical for consulting engagements exceeding timelines by 20-30%)
- Frequency: Per project or program
- Root Cause: Weak planning stages leading to inadequate budgeting and scheduling
Why This Matters
The Pitch: Operations Consulting firms in Australia 🇦🇺 waste AUD 50,000+ per project on overruns. Automation of timeline planning eliminates scope creep risks.
Affected Stakeholders
Project Managers, Operations Consultants, Stakeholders
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
Capacity Loss from Planning Bottlenecks
Decision Errors in Timeline Commitments
Change Management Overtime Costs
Training Rework Penalties
Delayed Consulting Invoicing
Lost Deals from Poor Proposal Processes
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