Foresight’s co-founder and professor of Megaproject Management at the Saïd Business School, at Oxford, Dr. Atif Ansar writes about the financial impact of time delays on data center construction -- in the Construction Channel of Data Center Dynamics.
There are multifaceted financial impacts of data center construction project delays, underscoring the necessity of adhering to schedules and mitigating time overruns. These financial impacts include:
• lost business opportunities and deferred income
• standing army costs
• minor delays can result in substantial SLA fines
• extended periods of debt servicing
• inflation can lead to materials and labor cost increases
• opportunity costs if developers cannot promptly start new projects
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