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The truth about project finance modelling and budget overruns
Project finance modelling is often criticised for creating a false sense of security, leading to inflated budgets and unchecked spending. However, the absence of structured financial planning is far worse. Without it, projects are left vulnerable to uncertainty, funding risks, and catastrophic overruns.
Organisations collectively waste $1 million every 20 seconds due to poor project management practices—amounting to $2 trillion in annual losses. This is not just a budgeting issue; it is a fundamental flaw in how projects are planned, executed, and controlled.
Did you know 50 of projects exceed budgets Is project finance modelling creating false safety Discover smarter forecasting for cost control and success.
The truth about project finance modelling and budget overruns
Project finance modelling is often criticised for creating a false sense of security, leading to inflated budgets and unchecked spending. However, the absence of structured financial planning is far worse. Without it, projects are left vulnerable to uncertainty, funding risks, and catastrophic overruns.
Organisations collectively waste $1 million every 20 seconds due to poor project management practices—amounting to $2 trillion in annual losses. This is not just a budgeting issue; it is a fundamental flaw in how projects are planned, executed, and controlled.
Did you know 50 of projects exceed budgets Is project finance modelling creating false safety Discover smarter forecasting for cost control and success.