Why budget overage due in any way to poor financial controls


Project Management Discussion

Search the Internet for an example of a notable project that was considered a failure due to being significantly over budget. Post the following:

1. A brief overview of the failed project

2. Answer the following questions:

o Were the initial estimates wrong? Why or why not?
o Was the budget overage due in any way to poor financial controls?
o Did some other factor such as poor scope or schedule estimates lead to the budget problem?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Project Management: Why budget overage due in any way to poor financial controls
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