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.
Project
delays are often caused by circumstances that create barriers to launch and further
implementation of project activities.
· When
projects are delayed, contractors, consultants and clients could put their
publicv
reputations at risk
· Disputes
can lead to court cases for resolution especially when large penalties are at stake.
· When
project delays are unexpected, they are uncontrollable and have rather av negative
impact on project activities and results.
· An
unexpected delay extends the overall duration of project activities and entails
an increase in project costs.
· It
generates time-associated cost effects that increase resource consumption andv require more
time for reaching project success.
· Delays
can instigate negative effects such as increased costs, loss of productivity
and revenue many lawsuits between owners and contractors and contract
termination.
In
order to prevent the negative impact of project delays, it is reasonable to
establish delay allowance at the very beginning of a project.
Delay
allowance is the length of time included in the project schedule in advance to
cover unpredictable contingencies and expected minor delays. It is a mechanism
of increasing project safety through preventing activity disruptions and
creating time buffers.
PREVENTION OF DELAYS:
· Plan/Analyze
the requirements in detail.
· Map
available resources
· Perform
training and knowledge transfer
· Identify
risks.
· Estimate
and allocate
· Modularize
work
· Escalate
issues
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