sitelogo
  Home » What is the difference between cost over run and cost escalation

What is the difference between cost over run and cost escalation

    By: usericon samuelkoroh  
   Date Posted: Nov. 18, 2017
  

1 answer:

Anonymous Nov. 18, 2017

Cost overrun also known as a cost increase, underrated or budget overrun, involves unexpected costs incurred in excess of budgeted amounts due to an underestimation of the actual cost during budgeting Cost escalation is defined as changes in the cost or price of specific goods or services in a given economy over a period.

 
Leave your comment/answer
You can use some HTML tags, such as <b>, <i>, <a>

Search links to this question
Loading...

Copy and Paste

Other questions you might be interested in