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

The three main types of estimating methodology, QUESTION (a) Accurate e...

QUESTION (a) Accurate estimation is crucial for effective planning and control and is associated with time, information, experience of estimator, techniques used and funding. D

Quantitative analysis., A highly sensitive device used to measure electrici...

A highly sensitive device used to measure electricity activity in the brain is required to have a variance in measurements not exceeding 0.0001 volts^2. if the variance exceeds thi

Project integration management, You work for Point-Of-Sale Solutions (POSS)...

You work for Point-Of-Sale Solutions (POSS), an international point of sale company, which has decided to provide an Internet enabled menu ordering system delivered on the iPad as

Project management project for project managemen class, I have project assi...

I have project assignmet for project management and the submition due date is 5th may can you help me with it ?

Kaizen, what is a benefit of a kaizen event?

what is a benefit of a kaizen event?

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

Define the revolution of changing in information technology, Define the rev...

Define the revolution of changing in information technology. Conversely, revolution of changing in the field of information technology has posed some of challenges for various

Explain the reasons for conflicts in project management, Question : Con...

Question : Conflict refers to any situation in which there are incompatible goals, thoughts or emotions within or between individuals or groups. For effective management of con

Relationship between values and behavior, Strong organisational values, eng...

Strong organisational values, engaging vision that is inspirational for employees as well as creating a sense of involvement with effective communication channels.Organizational va

Definitions of performance management, Question: a) Give two definition...

Question: a) Give two definitions of performance management. b) Explain the elements of a performance management system using the Storey & Sisson 1993 model. c) ‘Performa

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