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

Advantages of quality control system, Reduction in Costs : An efficient qua...

Reduction in Costs : An efficient quality control system reduces the cost of production of the product due to reduction in wastage of raw materials, semi finished and finished good

Analysis the production in manufacturing company, Analysis The factory...

Analysis The factory has the process for the following:  QC of sampling,  receiving orders,  receiving fabrics and accessories,  checking of fabrics,  drawing,  cutting,  sort

What are the claimed advantages of rad approaches, What have RAD and extrem...

What have RAD and extreme programming got in common? What are the claimed advantages of these approaches? Both XP and RAD have as their common intention, and when their primary

Give an example of critical path by activity and duration, Give an example ...

Give an example of demonstrating a network or critical path by given activity and duration. Activity                      Duration (Wks)                   Preceded by

Explain about term performance management systems, Explain about the term p...

Explain about the term performance management systems in brief. Performance management systems: Measurement processes of frequently assessing a projects progress in oppos

Human resource management in the public sector, Problem : "In the face ...

Problem : "In the face of daunting challenges, governments are compelled to develop a new style public sector with systems that foster innovation and the creative energy of sta

Project value - measure for project management value, P roject value T...

P roject value The organisations add value to the business through the series of processes. Increasingly such processes are usually undertaken within the context of the projec

What communication do i need, Q. What communication do I need? Communic...

Q. What communication do I need? Communication is possibly one of the most important functions of a project manager and yet sometimes the least understood. With no people there

Describe incremental approach to testing by unit test, Describe the increme...

Describe the incremental approach to testing represented by the orderly unit (module) test. Unit (module) test: Along with the incremental approach to testing, every unit

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