Interestingly, on Boleo, they had lots of money to construct the project but did not allocate the funds to different activities, so in turn they did not have any benchmarks to realize that they were at over.

Kinda of like we have used 50% of the hours budgetted on the construction so we must be at 50% progress.

No cost controls, very simply put.

Most of us in the construction industry have to find a balance between what the penny pinchers want for $ controls and what works practically onsite