IMPACT OF DELAYS IN PROJECT COMPLETIONS

Project Delay is an unplanned and unexpected deferment of a project because of some event or occurrence that impedes the project’s commencement or continuation. It is the length of time that extends the project duration and causes a disruption in the delivery of project goals and objectives.

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  Project delays are often caused by circumstances that create barriers to launch and further implementation of project activities.
  
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  When projects are delayed, contractors, consultants and clients could put their public reputations at risk
  
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  Disputes can lead to court cases for resolution especially when large penalties are at stake.
  
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  When project delays are unexpected, they are uncontrollable and have rather a negative impact on project activities and results.
  
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  An unexpected delay extends the overall duration of project activities and entails an increase in project costs.
  
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  It generates time-associated cost effects that increase resource consumption and require more time for reaching project success.
  
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  Delays can instigate negative effects such as increased costs, loss of productivity and revenue many lawsuits between owners and contractors and contract termination.