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

Risk management techniques and project timeplan creation, I have an assignm...

I have an assignment to submit in the above mentioned topics. Please respond me as soon as possible with the required info and i will send you the assignment details after our mutu

Quality tools in process improvement, Question : (a) Describe the impor...

Question : (a) Describe the importance of the following quality tools in process improvement: (i) Pareto diagrams (ii) cause-and-effect diagrams (b) The Managi

Components of participative management, COMPONENTS OF PARTICIPATIVE MANAGEM...

COMPONENTS OF PARTICIPATIVE MANAGEMENT: The involvement of staff in the decision making process of the organization and having increased awareness of the organization's purpos

Individual values and team behaviour, Teams  are made up of  individuals, v...

Teams  are made up of  individuals, values and beliefs drive team behavior. Individuals represent an important dynamic in the study and application of team behavior. Individuals pr

Stakeholder management, 3. What are some ways to manage a stakeholder rela...

3. What are some ways to manage a stakeholder relationship closely? Give examples of how you might manage relationships differently based on the unique personalities of different

What is project management methodology, Question 1: (a) What is project...

Question 1: (a) What is project management methodology ? (b) Why do you say that project management is the best method of implementing change ? Question 2: (a)

What are the benefits of using work breakdown structure, What are the benef...

What are the benefits of using work breakdown structure? The benefits of using WBS (work breakdown structure): a. It can be used to assign and delegate responsibility to ass

The Walsham Hotel: the Mechatronic KoolNitro 346 mini-bar, Compare and Cont...

Compare and Contrast the KN346 investment and the "plain vanilla" alternative.

Describe one strategic management model/framework, DPW is a very victorious...

DPW is a very victorious home furniture company operating in P Country. It has a good reputation for being customer focused and giving value for money through its effective operati

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