31 lines
767 B
Markdown
31 lines
767 B
Markdown
---
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tags:
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- destiny/fleeting
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- occupational
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- topic/automation
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- type/idea
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title: BPM Award Analysis
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up: "[[pdi-estimating]]"
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---
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# BPM Award Analysis
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BPM > Reports > Awards
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The HUB > HUB Insights > WIGs, KPIs & milestones
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Inception to Date (ITD)
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$$
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\begin{gather*}
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\text{Overrun \$} = \text{ITD Cost \$} - \text{Baseline Cost \$} \\
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\text{Overrun \%} = \frac{\text{Overrun \$}}{\text{Baseline Cost \$}} \\
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\text{Overrun \%} = \frac{\text{ITD Cost \$}}{\text{Baseline Cost \$}} - 1
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\end{gather*}
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$$
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> [!observation]
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> Curiously, we've decreased expected uncertainty significantly,
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> but are consistently overbidding by ~13%.
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This observation is likely due to more recent projects still being in their infancy,
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where costs have not been totally realized.
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