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

Explain what deming meant by the following statements, Question: (a) Ex...

Question: (a) Explain what Deming meant by the following statements? What happens if you do not fulfill those principles? (i) Institute leadership. (ii) Drive out fear.

Why do i need project management, Q. Why do I need project management? ...

Q. Why do I need project management? One more way of asking this question is What if I do not bother with project management? The reality is all projects demand some extent of

#beauty parlour, i want to know about the codes of a beauty parlour managem...

i want to know about the codes of a beauty parlour management website.

Project financing, Comparison between dept finance and ordinary share capi...

Comparison between dept finance and ordinary share capital

Project management cycle, It is essential that you study the list below to ...

It is essential that you study the list below to ensure that you understand the terminology used in assignment and examination questions. The successful outcome of your assessment

Multilpe choice questions, Which of the following statements about variable...

Which of the following statements about variable and fixed expenses, as they relate to relevance , is/ are true? (1) Variable expenses may or may not be, relevant costs? (2) Varia

Performance measurement - elements of tqm, Performance measurement: Pe...

Performance measurement: Performance measurement needs to be based upontimely measures of, and feedback on, performance. It provides information ontoday's service and gives an

Unit rate contracts , Unit rate contracts  In a unit-rate contract, the...

Unit rate contracts  In a unit-rate contract, the seller commits to providing each unit of work defined by a buyer for a fixed price per unit of each work item. Engineered m

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

Production control system, Question 1: What is understand by a producti...

Question 1: What is understand by a production control system and how are the elements of control systems categorized? Description of production control system Catego

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