Percentage of Approved Capital Projects Considered Within or on Budget
Capital projects often require significant investments of an organization’s finances, time, human capital, and other resources. When capital projects go off the rails and over budget, the consequences can be incredibly damaging for an organization’s finances, human resources, and ability to make investments in future capital projects. This article focuses on the percentage of approved capital projects considered within or on budget, as reported in APQC's Planning and Management Accounting Survey.