Limitation Period Posted on 5th December 20156th October 2020 by ThePD (The Project Definition) A Limitation Period in law, is the period of time that a party to a contract must bring a claim or commence legal proceedings against another Party. Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Related Posted in Business and tagged legal, schedule. ThePD (The Project Definition) ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.