What is 'cost overrun' in SAP CO-PC - Product Cost Controlling?

cost overrun - Overview

• Component: CO-PC

• Component Name: Product Cost Controlling

• Description: The amount by which the actual costs exceed the planned costs.

cost overrun - Details

• 
  Key Concepts: 
  Cost overrun is a term used in SAP CO-PC Product Cost Controlling to describe when the actual cost of a project exceeds the estimated cost. This can occur due to unexpected costs, changes in scope, or other factors. 
  
  How to use it: 
  In SAP CO-PC Product Cost Controlling, cost overruns can be tracked and monitored using the cost object hierarchy. This allows users to view the actual costs of a project compared to the estimated costs and identify any potential overruns. 
  
  Tips & Tricks: 
  It is important to regularly monitor cost overruns in order to ensure that projects remain on budget. Additionally, it is important to identify the root cause of any cost overruns in order to prevent them from occurring in the future. 
  
  Related Information: 
  For more information on cost overruns in SAP CO-PC Product Cost Controlling, please refer to the official SAP documentation.