IT has a long history of problems with budgets and money. Budget overruns for IT projects are more the rule than the exception.
Typically, there are a few core culprits. First, many in IT, including myself until about 20 years ago, don’t really understand budgeting or how to predict what things will cost. Most choose whatever resources they think they will need with the objective of achieving the best possible outcome. Second, most budget managers and other leaders have a tendency to expect overruns, as there are rarely repercussions for spending more than they planned.
