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

System and simulation specifications, Input Data Collection The input d...

Input Data Collection The input data for the model was collected accurately to be as close as possible to a typical emergency room. We expected that the number of patients comi

Traditional forms of organisation, T raditional forms of organisation ...

T raditional forms of organisation Traditional forms of organisations were classified into five types based on the following differentiations. Functional differentiati

Characteristics of process planning, Characteristics of Process Planning ...

Characteristics of Process Planning Since a process is required to manufacture a product it is necessary to plan the process. Process planning comes after it has

Project management, • What do you consider are the leadership skills requir...

• What do you consider are the leadership skills required of a project manager in relation to the processes involved in managing complex projects? • In any project it is important

Continuous improvement - total quality management, Do it Right First Tim...

Do it Right First Time : TQM adopt the policy of zero defect. There is no scope for rework and rejection. The right first time or zero defect is the result of an empha

Define how you would estimate the quality control, Define how you would est...

Define how you would estimate the quality control and familiarisation activity. Quality control can be added like a percentage on top of all 'doing' activity like creating prog

Determine elapsed time of critical path, Determine elapsed time of critical...

Determine elapsed time of critical path when The critical path is given by points BCFG and the elapsed time 17 weeks. There D can over running by up to 3 weeks without

Global Project Management, You have been hired as the Senior Global Project...

You have been hired as the Senior Global Project Manager by the Timm Coconut Transnational Motor Corporation to manage their newly created Project Management Office. You are in c

History of iso, ISO 9000 series of standards on quality system was formu...

ISO 9000 series of standards on quality system was formulated by international organization for standards in order to meet the requirements of internationally uniform q

Pm, short note on partnering

short note on partnering

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