Summary
Software projects are often complex and unpredictable and can easily exceed the initial budget if not managed properly. Budget overruns can have negative consequences for the client and the developer, such as reduced profitability, lower quality, missed deadlines, and damaged reputation. To avoid these pitfalls, here are some tips on how to steer clear of budget overruns in software projects:
Thorough planning.
Scope management.
Realistic timelines.
Proactive risk management.
Transparent communication.
Resource optim...
more