What is the primary purpose of a "no-cost extension"?

The primary purpose of a "no-cost extension" is to allow additional time for project completion without the provision of extra funds. This mechanism is often utilized in project management, particularly in contracts funded by grants or governmental sources, when the original timeline is insufficient for the project to meet its objectives. Such extensions facilitate the continuation of work to achieve project goals, ensure thorough completion of tasks, and allow for necessary adjustments without the financial burden of additional funding.

The emphasis on the "no-cost" aspect is crucial, as it signifies that the organization is not requesting additional resources, and thus the funding agency can allocate their budget accordingly. The primary focus remains on ensuring project effectiveness and allowing for completion within the existing budget framework.