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

Project integration management, You work for Point-Of-Sale Solutions (POSS)...

You work for Point-Of-Sale Solutions (POSS), an international point of sale company, which has decided to provide an Internet enabled menu ordering system delivered on the iPad as

Explain de-centralized management model, Solution-if I am the owner of the...

Solution-if I am the owner of the three coffee shops within a 50 mile radius, then I would adopt a de-centralized management model having self directed teams. This will help me in

Design of an accounting system, Discuss the considerations that management ...

Discuss the considerations that management should take into account in determining the design of an accounting system which will satisfy both (i) its own information requirement

Directing-process management, Directing (leading) This is the function ...

Directing (leading) This is the function concerned with influencing organizational members to carry out their assigned roles and activities. This function includes motivation,

What is memory virtualization, 1. Enterprises always seek to enhance the q...

1. Enterprises always seek to enhance the quality of service delivered to customers and end users. Justify. 2. Describe briefly the concept of capital budgeting for information

Supplier Shortlist, Assume that you have been asked to procure a new integr...

Assume that you have been asked to procure a new integrated software application for patient records management for your local hospital. Describe the process you would follow to sh

Procedure for registration of iso, ISO is located in Geneva, Switzerland....

ISO is located in Geneva, Switzerland. Each nation has its own national Standard Organization ( NSO) which is affiliated to the ISO. The system and procedures are laid down

What is communication in organisation, What is communication in organisatio...

What is communication in organisation? Communication: An organisation structure gives channels for the flow of information on that the decisions of the organisation will

Describe the key characteristics of a good project, Question 1: a. How...

Question 1: a. How would you define a project? What are the different types of project that exist? (Please illustrate using a model with examples). b. Enumerate and descri

Purpose of the privatisation of public sector undertakings, What is the pur...

What is the purpose of the privatisation of public sector undertakings? Purpose of the privatisation of public sector undertakings: There have been purposes which have und

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