vault backup: 2025-07-24 16:44:33

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+---
+id:
+aliases: []
+tags: 
+  - professional
+  - automation
+---
+# Award Analysis
+
+BPM > Reports > Awards
+The HUB > HUB Insights > WIGs, KPIs & milestones
+
+Inception to Date (ITD)
+
+$$
+"Overrun $" = "ITD Cost $" - "Baseline Cost $"
+
+"Overrun %" = "Overrun $" / "Baseline Cost $"
+
+"Overrun %" = "ITD Cost $" / "Baseline Cost $" - 1
+$$
+
+> [!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.