In carrying out sponsored projects, Principal Investigators are generally expected to limit charges so that the funds awarded by the sponsors of those projects are sufficient to cover all costs.

President Donald Trump has defended the expansion of the White House Ballroom and pushed back on new cost overrun reports. Trump took to Truth Social on Wednesday and stated that the original proposal ...

The U.S. Department of Justice has closed its criminal investigation into Jerome Powell, handing oversight of the matter to an internal watchdog at the Federal Reserve. In a statement posted on X, U.S ...

Sound Transit, the agency in charge of the three-county light rail program, recently announced a shocking, $35 billion cost overrun on its ST3 program, bringing total program costs to at least $185 ...

BHP Group on Thursday warned of cost overruns ‌at its Jansen Stage 2 potash project in Canada and said it will book a $2.3 billion charge as higher costs and additional labour hours drive up spending ...

Shimmick posted improved 4Q25 results, nearing operating breakeven, but remains unprofitable on a GAAP basis and continues to burn cash. SHIM's backlog momentum is positive, with $793 million at ...

India's major infrastructure projects, each exceeding Rs 150 crore, have collectively seen cost overruns reaching ...