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

Explain the elements of a service level agreement, Problem 1: (a) What...

Problem 1: (a) What do you meant by Life Cycle Costing? (b) Explain briefly the methodology for Life Cycle Costing. (c) Why might a procurement officer consider procuri

Turn key contracts, Ask question #Miniwhat circumstances that favor turn ke...

Ask question #Miniwhat circumstances that favor turn key contracts mum 100 words accepted#

Inventory management, I nventory management: This refers to the met...

I nventory management: This refers to the method in which tangible resources and materials are handled by businesses in order to make sure resources are readily available f

Characteristics of effective project team members, Question: (a) Ident...

Question: (a) Identify and describe the major roles of a Project Manager with illustrations where necessary. (b) Identify and describe the different types of Project Organ

Developing a Proposal, Your first assignment is to complete a Project Prop...

Your first assignment is to complete a Project Proposal. You are expected to produce a thorough and professional treatment of every element of the deliverable. The page length asso

Design a construction and operation of a school, You are to design a School...

You are to design a School.  You are to design the School to the requirements of the client, who will be informed by customer choices - these will be determined by market surveys c

Illustrate the examples of work and cost breakdown structure, Illustrate th...

Illustrate the examples of Work and Cost breakdown structure, which can aid budgeting planning? Illustrations of how WBS or CBS can aid budgeting planning: • Staff hours for

Steps of project manager to enhance likelihood of project, Ideally, the nee...

Ideally, the need for an IS project would be given in some detail before planning begins. When the requirement is not detailed adequate, what steps can the project manager take to

Scoping a project, QUESTION While scoping a project, as much informatio...

QUESTION While scoping a project, as much information as possible should be gathered about the wants and concerns of sponsors and end-users. What are the useful channels of

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