Thumb rule user should know, what he is using and for what and its effects.
Thumbrules are highly complicated thing just like share market. One should have knowledge about its processes before investing else may get huge losses on investment.
A blind peoples explaining how is elephant by touching it.
So one blind can say elephant is like bamboo stick by touching tail and another can say hard rock by touching to teeth. Story goes so on.
A good thumb rule maker knows how elephant is because he sees through his eyes and knows all details of it.(not all elephants are same to describe

, basic may be same like conrete rebar etc but the structure and beauty will differ)
I hope i have explain in details on the effects of thumb rule.
So just dont be blind, see the specs and get idea on what kind of structure is and do calculation.
Good budget is one which do not differ by more than 20% from actual cost incurred.
Beyond 20% you might need to change your profession or need to learn more and more so you wont make owner a begger.