Where Projects Rarely Fail All at Once In development and construction, budget overruns are rarely the result of a single, decisive failure. More often, they emerge gradually—through a sequence of small adjustments, informal approvals, and seemingly minor design refinements that accumulate over time. This phenomenon, known as scope creep, is one of the most persistent and underestimated risks in capital projects. It rarely announces itself in real time. Instead, it builds qui
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