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NameCourseInstructorInstitutionSubmission dateCost overrunsIn any project management, cost overruns are always experienced as they are very common andtherefore there are needs to prevent the cost overruns so as to ensure that the cost estimateswhich have been made are good. There are several ways to ensure that the overruns areprevented and they are as follows;First, in any project management, the planning process has to be given a lot of attention. It isbecause it is a very vital element in project management as it helps in preventing delays and costoverruns. One should think of all the scenarios which can happen in the cause of projectmanagement and come up with a clear way on how the scenarios can be handled before codingany line in the project. When all this is done, the shareholders can then sign off the project.Therefore, the planning process has to be thorough and all the departments which the projectaffects should be included in the process.The team which is supposed to carry out all the technical work should be well prepared so that itis in a position to deliver its best so as to prevent the overruns (Gurdamar, S. 1985). Thetechnical staff has to sign ...


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