Disclosed herein are cement compositions and methods of using set-delayed cement compositions in subterranean formations. In one embodiment a method of cementing in a subterranean formation is described. The method comprises providing a set-delayed cement composition comprising pumice, hydrated lime, a cement set retarder, a synthetic smectite, and water; introducing the set-delayed cement composition into a subterranean formation; and allowing the set-delayed cement composition to set in the subterranean formation.