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

Product development cycle, The product development cycle starts with th...

The product development cycle starts with the assessment of the customers needs and ends when the design is finally released for bulk production. The main steps in th

Evaluation of current organisational culture, It is gradually recognised th...

It is gradually recognised that culture, although difficult to measure precisely, it is a real and very powerful force in organisations. Organisational behaviour is related to cult

How important are the stakeholders, Q. How important are the stakeholders? ...

Q. How important are the stakeholders? The most significant stakeholder of course is your client or customer. Conversely that perhaps in excess of one person that the sponsor a

Communication-coordination beneficial in project management, How are commun...

How are communication and coordination beneficial in project management software? Communication and coordination: Project software can give automatic report templates al

Effects and four types of risks in engineering projects, Question Using...

Question Using a project drawn from your own experience, discuss the following- (a) What are the two primary stages of risk management of a project? (b) What are the four

Problems associated with policies-planning function, Problems associated wi...

Problems associated with policies 1) Policies are liable to different interpretations since they allow discretion and are usually broad. If made specific they become rules and th

Production and purchasing management, A) Hierarchical planning in Operation...

A) Hierarchical planning in Operations/Production management and types of time frames in each hierarchy. (B) Explain who role players are in each level and what they are respons

Importance of power in project management, Probelm 1: a) Elaborate on t...

Probelm 1: a) Elaborate on the Verma;K(1996) model for effective human resource management and explain its importance in managing projects. b) According to the Verma; K(1996

Develop and agree a process model for a project, Why is it significant that...

Why is it significant that the project team and the users develop and agree a process model for a project? Any project is a cooperative venture among the clients/users and the

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