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

What are the advantages of division of labour, What are the Advantages of D...

What are the Advantages of Division of Labour? Advantages of Division of Labour: As very similar worker does the same work frequently:- a. It gains proficiency and ski

Determining project feasibility and creating schedules, Read the BEC case s...

Read the BEC case study on pages 126–129 of the textbook, and perform the following tasks:   Create a feasibility report for the project in a Word document. Create

Significance of architecture-centric methods, Question: a) Why are GSD ...

Question: a) Why are GSD projects more difficult to manage than single site collocated projects? b) Which agile practices would be easier to adopt, and which would be challe

Project management and information security, Importance of Project Manageme...

Importance of Project Management as it relates to Information Security Program: Information security means protecting your information and data from unauthorised access, discl

Define incremental approach of system testing, Define the incremental appro...

Define the incremental approach by system testing. System test: In system testing, the developers are checking which the system gives the functionality described by the u

Project cycle time optimisation, C y c le Time Optimisation Cycle ti...

C y c le Time Optimisation Cycle time optimisation is an operating philosophy of maximising the efficiency of the sub optimal value-added activities while reducing the non-

Factor affecting process planning - choice of plant layout, Factor Affectin...

Factor Affecting Process Planning - Choice of Plant Layout While deciding the sequence of operations the plant layout is to be taken into consideration. The sequence of operat

Briefly discuss features of learning organizations, Question 1: (a) Br...

Question 1: (a) Briefly discuss features of learning organizations. (b) Identify two pitfalls in implementing ‘Citizen's Charters' in public sector organizations. Ques

Element of total quality management, In order to adopt and initiate TQM ...

In order to adopt and initiate TQM within any organization it is necessary to understand the key elements. These elements which form the essential core of the TQM phil

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