How BuildRight Construction Avoided $2M Cost Overrun Using AI-Driven Project Budgeting

By: GoBeyond Team
July 3, 2025
3 min read
BuildRight AI project budgeting dashboard showing risk alerts and cost projections

Quick Overview

BuildRight Construction used AI-driven project budgeting tools to analyze five years of project and market data. AI flagged a 15% overrun risk on a $50M highway project, prompting early bulk ordering and avoiding a $2M cost spike. The project stayed on budget, earning a $3M bonus and improving risk management.

BuildRight Construction
BuildRight Construction
Company Size
Not publicly disclosed
Revenue Range
Not publicly disclosed
Primary Challenge
Managing project budget risks and avoiding cost overruns
Key Metrics
\- Avoided $2M cost overrun\- Project delivered on budget\- $3M bonus earned\- Improved risk management

The Problem

Traditional budgeting missed early warning signs of cost overruns

The Solution

AI-powered budgeting and risk analysis using historical project and market data

Results

\- Early risk detection\- Cost savings and bonus achievement\- Enhanced budget control and planning

Details

Industry
Construction
Departments
Finance & Accounting
Use Cases
Budgeting & Forecasting
Tags
GenAI
NLP
Scalability
Team Efficiency
Time-Saving
Predictive Modeling
AI Tools Used
No items found.
Sources
https://gururo.com/ai-in-project-budgeting-transform-financial-forecasting/

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