diff --git a/README.md b/README.md
index 6f1a0b7..5becbdd 100644
--- a/README.md
+++ b/README.md
@@ -211,8 +211,8 @@ No modules.
 | <a name="input_admins"></a> [admins](#input\_admins) | A list of administrators for the instance crypto units. See [instructions](https://github.com/terraform-ibm-modules/terraform-ibm-hpcs#before-you-begin) to create administrator signature keys. You can set up to 8 administrators. Required if auto\_initialization\_using\_recovery\_crypto\_units set to true. | <pre>list(object({<br>    name = string # max length: 30 chars<br>    key  = string # the absolute path and the file name of the signature key file if key files are created using TKE CLI and are not using a third-party signing service<br>    # if you are using a signing service, the key name is appended to a URI that will be sent to the signing service<br>    token = string # sensitive: the administrator password/token to authorize and access the corresponding signature key file<br>  }))</pre> | `[]` | no |
 | <a name="input_auto_initialization_using_recovery_crypto_units"></a> [auto\_initialization\_using\_recovery\_crypto\_units](#input\_auto\_initialization\_using\_recovery\_crypto\_units) | Set to true if auto initialization using recovery crypto units is required. | `bool` | `true` | no |
 | <a name="input_base64_encoded_admins"></a> [base64\_encoded\_admins](#input\_base64\_encoded\_admins) | A list of up to 8 administrators for the instance crypto units. Required if auto\_initialization\_using\_recovery\_crypto\_units is set to true. Pass the signature keys as base64 encoded values. For information about administrator signature keys, see the readme file. | <pre>list(object({<br>    name  = string # max length: 30 chars<br>    key   = string #  base64 encoded value of signature key files if key files are created using TKE CLI and are not using a third-party signing service<br>    token = string # sensitive: the administrator password/token to authorize and access the corresponding signature key file<br>  }))</pre> | `[]` | no |
-| <a name="input_create_timeout"></a> [create\_timeout](#input\_create\_timeout) | Create timeout value of the HPCS instance. | `string` | `"120m"` | no |
-| <a name="input_delete_timeout"></a> [delete\_timeout](#input\_delete\_timeout) | Delete timeout value of the HPCS instance. | `string` | `"120m"` | no |
+| <a name="input_create_timeout"></a> [create\_timeout](#input\_create\_timeout) | Create timeout value of the HPCS instance. | `string` | `"180m"` | no |
+| <a name="input_delete_timeout"></a> [delete\_timeout](#input\_delete\_timeout) | Delete timeout value of the HPCS instance. | `string` | `"180m"` | no |
 | <a name="input_hsm_connector_id"></a> [hsm\_connector\_id](#input\_hsm\_connector\_id) | The HSM connector ID provided by IBM required for Hybrid HPCS. Available to selected customers only. | `string` | `null` | no |
 | <a name="input_name"></a> [name](#input\_name) | The name to give the Hyper Protect Crypto Service instance. Max length allowed is 30 chars. | `string` | n/a | yes |
 | <a name="input_number_of_crypto_units"></a> [number\_of\_crypto\_units](#input\_number\_of\_crypto\_units) | The number of operational crypto units for your service instance. | `number` | `2` | no |
@@ -225,7 +225,7 @@ No modules.
 | <a name="input_signature_server_url"></a> [signature\_server\_url](#input\_signature\_server\_url) | The URL and port number of the signing service. Required if auto\_initialization\_using\_recovery\_crypto\_units set to true and using a third-party signing service to provide administrator signature keys. Used only if auto\_initialization\_using\_recovery\_crypto\_units is set to true. | `string` | `null` | no |
 | <a name="input_signature_threshold"></a> [signature\_threshold](#input\_signature\_threshold) | The number of administrator signatures required to execute administrative commands. Required if auto\_initialization\_using\_recovery\_crypto\_units set to true. | `number` | `1` | no |
 | <a name="input_tags"></a> [tags](#input\_tags) | Optional list of resource tags to apply to the HPCS instance. | `list(string)` | `[]` | no |
-| <a name="input_update_timeout"></a> [update\_timeout](#input\_update\_timeout) | Update timeout value of the HPCS instance. | `string` | `"120m"` | no |
+| <a name="input_update_timeout"></a> [update\_timeout](#input\_update\_timeout) | Update timeout value of the HPCS instance. | `string` | `"180m"` | no |
 
 ### Outputs
 
diff --git a/variables.tf b/variables.tf
index c490636..f326204 100644
--- a/variables.tf
+++ b/variables.tf
@@ -132,18 +132,18 @@ variable "hsm_connector_id" {
 variable "create_timeout" {
   type        = string
   description = "Create timeout value of the HPCS instance."
-  default     = "120m"
+  default     = "180m"
 }
 
 variable "update_timeout" {
   type        = string
   description = "Update timeout value of the HPCS instance."
-  default     = "120m"
+  default     = "180m"
 }
 
 variable "delete_timeout" {
   type        = string
   description = "Delete timeout value of the HPCS instance."
-  default     = "120m"
+  default     = "180m"
 }
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