3. Secondary Causes of Errors
▷Manual Error
▷Type of Project
▷Government Policies
▷Funding
▷Resources
▷Force Majeure
4. Tertiary Causes of Errors
▷Less Experience
▷Wrong Estimation
▷Geographical Constraints
▷Economical and Social Constraints
▷Exchange Rates
▷Taxation
▷Funding Agencies
▷Requirement of Materials and Equipment
▷Unknown/Hidden Costs
Any many more…
5. Errors in
Project Cost
Engineering
Manual Error
Government
Policies Resources
Type of Project Funding Force Majeure
New Equipment
Special Materials
Calculation of
Labour Rates
Taxation
Exchange Rates
Hidden Costs
Rate of
Investment
Foreign
Funding Agencies
Type of FundGeographical
Constraints
Less Experience
Wrong Estimation Economical
Constraints
Less
Experienc
e
New Project
Availability of
Details