Budget overruns can significantly impact the financial health of any project or organization. These overruns often stem from a combination of unforeseen events and avoidable mistakes. Avoid such mistakes by gaining a better understanding of them to keep the project budget on track.

Businesses tend to make several mistakes which have far reaching consequences. There are many strategies and methods one can adopt as a precaution. In this article, we will discuss some of the most frequent software development mistakes that lead to cost overruns and how to prevent them.