The potential that you will run overbudget.
The risk that revenue will fall short resulting in problems funding your budget.
The risk that cost estimates are inaccurate.
Exchange Rate Risk
Exchange rate volatility that increases your costs.
Delays to the schedule typical increase the costs of a project or initiative.
Unanticipated costs such as fines.
A tendency for the scope and cost of projects to increase due to poor change control or poorly defined requirements.
An increase in the price of inputs such as consulting or IT services.
A broad-based increase in prices.
Poor performance of a partner that results in increased cost.
The risk that resource issues such as employee turnover will result in missed deadlines and increased costs.
|Overview: Budget Risk
The potential for assumptions and estimates built into a budget to be inaccurate resulting in budget control issues such as cost overruns.