What is a potential consequence of missing deadlines due to review delays?

When deadlines are missed due to delays in reviews, one of the primary consequences is heightened operational costs. This occurs because projects often rely on timely completion to stay within budget and schedule. When reviews are delayed, it can lead to increased labor costs as resources are extended for longer periods, additional expenditures may be incurred to expedite processes, or there may be the need to redo work that was scheduled to be completed on time.

Moreover, missed deadlines can slow down the entire project timeline, leading to a cascading effect where subsequent stages are also delayed. This can result in additional operational expenses such as overtime pay for employees trying to catch up, costs related to project management, and possibly a loss of client trust, which has further financial implications.

Improved project performance, increased customer acquisition, and streamlined workflow processes are typically seen as positive outcomes that one strives for in project management. However, these are unlikely to be realized in a situation where deadlines are consistently missed, ultimately emphasizing the significance of timely reviews in maintaining cost efficiency.