Vocab Bloom Hub

cost overrun

/ˈkɒst ˌəʊvərʌn/

1 entry

phrase

/ˈkɒst ˌəʊvərʌn/C1formalbusiness
  • ruСитуация, при которой фактическая стоимость проекта, строительства или бизнес-инициативы превышает первоначально оцененную или запланированную сумму.

A situation where the actual cost of a project, construction, or business initiative exceeds the originally estimated or budgeted amount.

  1. Budget excessB2formal

    An unexpected increase in the cost of a project beyond the originally planned budget.

    ruПревышение бюджета

    • The construction project experienced a significant cost overrun due to rising material prices.
    • The company had to secure additional funding to cover the cost overrun.
    • Cost overruns are common in large infrastructure projects.