What is a common consequence of poor time management in technical projects?

In technical projects, poor time management can significantly lead to increased project costs. When timelines are not adhered to, teams may have to work overtime or bring in additional resources to meet deadlines. This increase in labor costs can be substantial, leading to overall project expenditures that exceed the original budget.

Moreover, delays might result in rushed work or the need for last-minute changes, which can add to costs as well. Additionally, if a project is not completed on time, it might miss key market opportunities, which can have further financial implications. Thus, the consequence of escalating costs is a direct result of inadequate planning and poor time management practices.

In contrast, the other choices imply beneficial outcomes, such as enhanced collaboration, faster delivery, or improved morale, which are typically associated with effective time management practices rather than poor ones.