Good project planning, Project Management

Assignment Help:

Over the years, E has had a number of business successes in the building trade and property development. Her latest venture is to build a hotel in YX town. E has already gained the financial backing, identified a suitable site, had an architect draw up plans and received planning permission. She wants the construction work on the hotel to begin without delay.   

E has appointed P to be the project manager on the basis of his impressive record of managing successful construction projects. Though, conflicts are already emerging as E is interfering in the management of the project. She is frustrated by the time P says he needs for the project planning phase, and is irritated by his insistence on formalising the project management process. E is putting pressure on P to cut corners in the first stages of the project, and to get started on the construction of the hotel.

Discuss the potential problems that the hotel project could face without good project planning.

A key part of the planning stage of the project management process contains defining clear objectives and setting realistic estimates in terms of budget and time and resources required.  Without this, it is unlikely that an estimation of the baseline budget and project schedule can be constructed to present a realistic assessment of the time and funding needed, and the resources required for the successful execution of the hotel project. The outcome could be that the project ends up with unrealistic timescales and the dissimilar activities may not be sequenced logically, to make the most effective and efficient use of resources. This could also result in budget overspend and delays in several stages of the project. Ultimately the hotel project may fail to be completed on time.    

 


Related Discussions:- Good project planning

Project strategy , what is the relationship between strategy and project ma...

what is the relationship between strategy and project management. what part do leadership and governance play in project. 3. What is the role of portfolio management and programme

What do you mean by fixed costs, What do you mean by fixed costs? Fix...

What do you mean by fixed costs? Fixed Cost: Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such

Too much too soon, What is operational and behavioural symptoms

What is operational and behavioural symptoms

Second elaboration iteration, Perform a status assessment of the second Ela...

Perform a status assessment of the second Elaboration iteration. DO NOT GENERALISE. Assess each activity separately against the outcomes specified for the activity. Generate a deta

What are the techniques used for a post completion review, What are the tec...

What are the techniques used for a post completion review? Techniques used for a PC (post completion) review: a. End user satisfaction surveys regarding to the quality of th

Skills helpful in project and programm support office, What skills are help...

What skills are helpful when working in Project and Programme support office? The skills which are most helpful probably include in Project and Programme support office: a.

Mapping project - mapping system, i. Select a small mapping project appl...

i. Select a small mapping project applicable to your 'mapping' system that aims to present a theme or specific solution (e.g. tourist map, farm map, habitat map, etc.). ii.

Explain the development phase in the project management, Explain about the ...

Explain about the development phase in the project management. Development phase During the development phase, everything that will be needed to implement the project is

Family Planning, Dr. Adinombe Watage, deputy director of the Family Plannin...

Dr. Adinombe Watage, deputy director of the Family Planning Research Center in Nigeria’s Over-the-River Province, was assigned the task of organizing an training five teams of fiel

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd