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 constant power and constant impedance, Study of the Load impact on ...

Study of the Load impact on power flow with (constant power, constant impedance, constant current, induction motor) and use the PowerWorld simulator.

Explain dupont formula, While the industry average ROE is about 15%, averag...

While the industry average ROE is about 15%, average profit margin of 50%, asset efficiency of 10%, and leverage ratio of 3, the ROE for ABC, Inc., using data from January 2011, wa

Characteristics of effective project team members, Question: (a) Ident...

Question: (a) Identify and describe the major roles of a Project Manager with illustrations where necessary. (b) Identify and describe the different types of Project Organ

Show the product formulation, Q. Show the product formulation? One shou...

Q. Show the product formulation? One should also see the kind of infrastructure available in the laboratory and use the techniques which can be easily standardized for example,

Man power planning in human resources management, What is the importance of...

What is the importance of man power planning in human resources management? Significance of Man Power Planning within Human Resources Management is as illustrated here: a. M

Scatter diagrams, S catter diagrams The possible relationships between...

S catter diagrams The possible relationships between two variables are identified using scatter diagrams. In order to understand data as a whole, it is very important to under

Quality and cycle time in projects, Quality and Cycle Time in Projects ...

Quality and Cycle Time in Projects The cycle time is a very important outcome variable because the projects are usually carried out under the strict delivery schedules. The cyc

Understand strategy of organisation by project manager, Why is it significa...

Why is it significant for project managers to understand the strategy of the organisation which uses their services? This enables the project to be considered in the context of

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

Define the guidelines for software development program, Define the Guidelin...

Define the Guidelines for Software Development Program In this part we have known some common parameters as checkpoints for the assessment of some software development project.

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