Because time is a critical element in the construction process, owners and contractors risk incurring additional and substantial costs when construction projects are finished beyond the contractual completion dates Schumacher 1996; Householder and Rutland 1990. When a project’s completion time is delayed, the owner may suffer delay damages, such as losses of property use, revenues, and interests. The contractor, by the same token, may suffer monetary damages caused by the delay, including extended overhead, acceleration costs, and decreased productivity