---
tags:
  - destiny/fleeting
  - occupational
  - topic/automation
  - type/idea
title: BPM Award Analysis
---
# BPM Award Analysis

BPM > Reports > Awards
The HUB > HUB Insights > WIGs, KPIs & milestones

Inception to Date (ITD)

$$
\begin{gather*}
\text{Overrun \$} = \text{ITD Cost \$} - \text{Baseline Cost \$} \\
\text{Overrun \%} = \frac{\text{Overrun \$}}{\text{Baseline Cost \$}} \\
\text{Overrun \%} = \frac{\text{ITD Cost \$}}{\text{Baseline Cost \$}} - 1
\end{gather*}
$$

> [!observation]
> Curiously, we've decreased expected uncertainty significantly,
> but are consistently overbidding by ~13%.

This observation is likely due to more recent projects still being in their infancy,
where costs have not been totally realized.
