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

Describe standards of data quality, Question 1: Describe any two standa...

Question 1: Describe any two standards of data quality Any two of the following Governance and Leadership Policies and Procedures Systems and Processes People

Scope of process design, Scope of Process Design  Design of manufactur...

Scope of Process Design  Design of manufacturing process starts with the receipt of product specifications and ends with the final plan for the manufacture of the product. The

Explain on the verbal and non-verbal tactics, Questiuon 1 a) Describe o...

Questiuon 1 a) Describe on the factors that you need to consider when planning the presentation. b) Describe the importance of listening for members of the audience and expl

Scheduling, external factors affecting scheduling

external factors affecting scheduling

Components of supply chain management, Components of Supply Chain Managemen...

Components of Supply Chain Management Today, it is the basic requirement amongst customers that businesses produce defect-free products to the customer faster and be more consi

Explain the reasons for conflicts in project management, Question : Con...

Question : Conflict refers to any situation in which there are incompatible goals, thoughts or emotions within or between individuals or groups. For effective management of con

Project execution plan, A project execution plan (written and graphical rep...

A project execution plan (written and graphical report) developing the strategy covering FIVE key areas: Some guidelines for each subject area are listed below, but the report s

Objectives of iso 9000, Objectives of ISO 9000 The basic objectives o...

Objectives of ISO 9000 The basic objectives of ISO 9000are : 1. To facilitate international trade of goods and services. 2. To obtain competitiveness by obtaining

Role and nature of estimation in project management, Question: (a) Th...

Question: (a) The Local Government Service Commission has advertised a post of "CLERK" on the L'Express newspaper on the April 1, 2004. The closing date for the submissio

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