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

Quantitative layout analysis - Trial and Error Method, Quantitative layout ...

Quantitative layout analysis - Trial and Error Method Here we use simple travel chart and graphical approach to reduce to minimize nonadjacent flows by centrally locating the

Managing project quality as per pmi, M a n a ging Project Quality as pe...

M a n a ging Project Quality as per PMI Project Management Institute (PMI) is a global organisation for the project management profession; it is engaged in setting professi

Analysis of data, After the data have been collected the researcher turn...

After the data have been collected the researcher turns to the task of analyzing them. The analysis of data requires a number of closely related operations such as esta

What is meant by the term benefits realisation, What is meant by the term ‘...

What is meant by the term ‘benefits realisation’ and why is this significant? Benefits realisation: Benefits realisation is the post-project operation of, and the procedur

Information software, what is project management information software

what is project management information software

Grand wines, Case study – Grand Wines You are an employee of Grand Wines Lt...

Case study – Grand Wines You are an employee of Grand Wines Ltd and project leader of a proposed project to equip each of the company’s 20 sales representatives with a wireless dat

Explain the terms - product and work package, Explain the terms "product" a...

Explain the terms "product" and "work package" and describe how these are related to each other. A product is a particular deliverable from a project and this may also make a wo

What are the benefits of work study?, Question 1) Describe any ten overall...

Question 1) Describe any ten overall functions of the purchasing department Question 2) Describe any five principles of plant layout Question 3) Describe the any

Maintenance job planning, Question 1: (a) What are the factors that y...

Question 1: (a) What are the factors that you would consider to determine the causes of Equipment failures during its life cycle? (b) Explain clearly the failure patter

How could huge supermarket chain use in information system, When you knew a...

When you knew about an organisation’s strategy, that could you suggest IS applications which would support this? For illustration, how could a huge supermarket chain utilize inform

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