Cost Overrun Percentage

A simple budget variance KPI. Distinct from CPI/CV on the Professional hub, which use earned-value formulas.

Overrun % = (actual − budget) ÷ budget × 100 (negative = under budget).

Tip: Keep “Actual Cost” and “Budget” on the same basis (period, units, and population) before calculating Cost Overrun Percentage.

Cluster: Construction hub · Safety TRIR · CPI · SPI · Percentage guide

Cost overrun percentage compares actual cost to budget relative to the budget base.

Enter actual cost and budget for the same control account or project.

$
Actual cost to date
$
Budget baseline

Cost Overrun %

Understanding Cost Overrun Percentage

How we calculate. Overrun % = (actual − budget) ÷ budget × 100 (negative = under budget). The form uses the same arithmetic as the worked examples on this page. See our methodology and accuracy policy.

Real-world scenario: A typical Cost Overrun Percentage case uses actual cost 11200000 and budget 10000000. Enter the same figures below to reproduce the worked path.

What is Cost Overrun Percentage?

A simple budget variance KPI. Distinct from CPI/CV on the Professional hub, which use earned-value formulas.

  • Same cost basis (committed vs incurred)
  • Positive = over budget
  • Cross-link CPI for EV cost performance

The Formula

Cost Overrun Percentage
Overrun % = ((Actual − Budget) ÷ Budget) × 100

Worked Example

Scenario: Actual $11,200,000; budget $10,000,000.
Step 1: (11200000 − 10000000) ÷ 10000000 = 0.12
Step 2: × 100 = 12%
Answer: Cost overrun is 12%.

Common Use Cases

  • Cost reports: budget burn
  • Forecast reviews: overrun risk
  • Package compare: trade overruns

Pro Tips

  • Freeze the budget baseline
  • Separate approved COs from true overrun
  • Use CPI for EV analytics

Limitations: Cost Overrun Percentage results are educational construction planning aids—not engineering, safety, legal, or cost-estimating advice. Confirm definitions with your project controls, safety, and contract documents. For earned-value SPI/CPI see the Professional hub.

FAQ

Same as cost variance %?

Related idea, different formula family. Professional CV/CPI use earned value; this page is actual vs budget only.

What if budget is 0?

Overrun % is undefined—enter a positive budget.

Authoritative References

For construction project controls and safety rate concepts, consult:

  • OSHA — workplace safety resources
  • PMI — project management practices
  • AIA — contract and project delivery context