How Project Managers Fix Cost Overruns and Missed Deadlines

Even for the best development teams, cost overruns and missed deadlines are inevitable. Constant and clear vigilance is required to keep these errors in check. Sometimes, working on thin margins to gratify a client leads to missing deadlines, which increases the severity of a blown budget.

This is a companion discussion topic for the original entry at

Please share your personal experiences from past projects where you have encountered cost and time overruns and how did you fix the same?

Are there certain. kind of projects (industry, sector, tech stack) that witness more delays and overruns than others?