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Budget overruns (Focused Discussion)One of the measures of success in an IS/IT project is whether the project meets its estimated cost goals. However, the non-routine nature of IS/IT projects can often make it difficult to accurately estimate a project's cost, as reported in the assigned readings for this week. However, to combat this problem, project managers can continually monitor the costs of a project to ensure its success.
In this Discussion, you will analyze the factors of cost overruns in an IS/IT project.
To complete this Discussion:
Post an essay in which you analyze, using an example from this week's readings, the reasons for a budget overrun and suggest, as a project manager, what you would have done to prevent the budget overrun.
Your document should have 400 words.
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