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 objectives of a procurement development model, Problem: (a)...

Problem: (a) Explain the objectives of a Procurement Development Model. (b) Explain one Procurement Development Model you are familiar with. (c) "In certain organisation

Wood, what is the maniipulated variable in a wood experiment

what is the maniipulated variable in a wood experiment

Line balancing., What do you understand by "line balancing"?

What do you understand by "line balancing"?

Theoretical overview of the management of change, Question 1: a) Provid...

Question 1: a) Provide a theoretical overview of the management of change. b) Describe the importance of management of change with regard to the management of H.R projects.

Process control, All processes are subject to various influences such as ...

All processes are subject to various influences such as mechanical electrical and environmental changes which is tend to deviate the process from its initial setting. The

Advantages of participative management, ADVANTAGES OF PARTICIPATIVE MANAGEM...

ADVANTAGES OF PARTICIPATIVE MANAGEMENT: Advantages: For improving the library and information service, the management follows the technique of participatory decision making wh

Explain the procedure of modi method, Q1.  Explain the procedure of MODI me...

Q1.  Explain the procedure of MODI method of finding solution through optimality test. Q2.  a. Explain the steps in Hungarian method. b. Solve the following assignment proble

Give a theoretical overview of the management of change, According to the S...

According to the Society for Human Resource Management's (SHRM) 2007 Change Management Survey Report, the top two obstacles encountered during major organizational change are commu

Management, Discuss management in Project Management

Discuss management in Project Management

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