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Fin@finsarg.bsky.social |
The thing people don't seem to grasp when it comes to "budget blowouts" is that it isn't a failure to keep costs within a budget, it's a failure to budget properly in the first place.
A project will cost what it costs. Budgets are just a prediction of that cost.
#nzpol #interislander #aratere
1 replies 13 reposts 38 likes
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@aethylred.bsky.social
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Budgets often don’t account for: - increased costs due to inflation if there’s a delay - increased costs due to profiteering or monopoly - delays due to supply chain issues - labour costs increasing due to a pandemic - government policy undermining our credit rating so borrowing is more expensive
1 replies 0 reposts 6 likes