Question

A project over-runs when: Select one: A. >50% over budget; >50% out of specification; > 50% late B. >20% over budget; >20% out of specification; >20% late C. >75% over budget; >75% out of specification; > 75% late D. None of the above are correct

Answer 1

The project over-runs definition varies from one country to another country .The project over-runs is defined on the basis of methodology and secondly on the basis of no. of factor .Additionaly the project over -runs can also have different aspect for different type of project such as for Infrastructure ,Information and technology etc.Many of the country follows the option one that is if greater than 50% over budget,greater than 50%out of specification and greater than 50% late but the most apropriate option is D non of the above