Its fairly obvious to make a larger games its gonna take more time, no matter how much money they got even the first version wouldnt be made any faster since they still had to build a team up from scratch.
No amount of planning or experience can account for things you dont have or dont know you even need to make the game work, making this game an MMO needed so much more things than just a normal game.
Deadlines are not a suitable term for a game in development, deadlines is a term for something that is not meant to be changed, thats an impossible fact in any game development that you cant always meet expectations.
The tech to make star citizen work had to be built from nothing, most other games just improve what they already have.
No amount of perfect project management would make star citizen develop much faster, it is being made with far less staff than any game would normally have, managing several hundred staff is a challenge in itself.
And your lying that there is no game, you can do pretty much everything that you could do in freelancer, wing commander and a basic version of a fps shooter with a more advanced version coming soon.