What is one of the results of ineffective contractor management?

Ineffective contractor management can lead to a failure of the business for several reasons. Poor management may result in a lack of oversight and coordination, which can cause projects to go over budget, miss deadlines, and ultimately compromise quality. When a contractor fails to manage projects effectively, it can lead to dissatisfaction among clients and stakeholders, eroding the company's reputation. This can limit future business opportunities and result in the loss of contracts. Additionally, without effective management, there may be increased safety incidents, leading to legal liabilities and financial repercussions that could threaten the viability of the business. In contrast to the other outcomes, which suggest positive scenarios, the failure of the business is a direct and serious consequence of inadequate management practices.