Over-engineering can be avoided by carefully sticking to a budget.
For a lot of developers, there's a trade-off between rationality (in the sense of ROI) and feeling good. It doesn't feel good to make every engineering decision against a budget. My dopamine levels [0] skyrocket when I visualize making some component generic, or future proof. I come crashing back to earth when I realize the budget is for a driveway. Budgeting earns the bosses / customer / capital a better return. Engineering for future use cases or making things generic (or the mere anticipation thereof) is an easy way to get a massive hit of neurotransmitter that makes you feel good.
[0] Not a neuroscientist. But I think it's useful to label that spike of feel good and motivation. It may have nothing to do with dopamine.