Edinburgh University's contract with its supplier Inoapps will rise from £25m to £33.5m.
Problems in the final phase of the project meant thousands of invoices issued to the university were left outstanding and payments to staff and students were delayed.
The £33.5m price tag for the contract is nearly double the £14m that was initially advertised in 2017. Last month, a group of senior academics on the university senate, tabled a motion that stated the university's response to the crisis was "not an adequate foundation" for confidence in the implementation of the P&M system.
The paper said the lack of sufficient planning and oversight "was a tremendous and costly risk" to the university's operations.
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