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  • Writer's pictureJerry Ipsen, CFE, MBA

Investigating Cost Overruns

Updated: Feb 18, 2023

Have you been told an increasing amount of cost overruns is having a serious impact on your project? Are investors demanding answers? Do you need to recover costs? Oftentimes, these overruns are caused by those who may be involved in malpractice, fraud or corruption.

Why investigating cost overruns is essential to your business.

  • To gain a better understanding of what happened, whether or not there was a breakdown of internal controls, lack of oversight, and how future occurrences can be prevented.

  • To highlight what led to the incident, who may be involved, and whether or not the actions were criminal in nature.

  • You may want a report and supporting documentation including details that may be needed for a civil claim or criminal referral.

  • The investigation will assure stakeholders and investors that your company is well managed and that you're quick to respond to serious matters that have an immediate impact on the company's profitability.

Ipsen Due Diligence is the right choice to investigate cost overruns occurring on your projects.

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