The riskiest part of the project is the tunneling. They drill a multitude of bore holes to see what the soil conditions are underground to get an idea but you never know what problems will come up. Take the Coquitlam extension is example of what unforeseen problems can arise with multiple sink holes that opened up to the surface. Or in Seattle with their viaduct replacement tunnel, they had a damaged drill issue (
wikipedia).
Once tunneling is done, hopefully in April, the project will be more straight forward: construction of stations that are accessible from ground level, track and electrical installation, etc.
With this more straight forward construction starting, I predict they will release an updated target date. I'm assuming have been reluctant to do that to date because of the unpredictability before reaching this milestone.
And even then the target date is not cut in stone.