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

Costs of quality, Costs of Quality Quality management is not only c...

Costs of Quality Quality management is not only concerned with maintaining the quality characteristics of a product but also with doing the same at least cost. The

Objectives of a procurement system, Question 1: (a) Enumerate five obje...

Question 1: (a) Enumerate five objectives of public procurement systems contained in the UNCITRAL Model Law on Procurement of Goods and Construction. (b) Compare and c

Relationship-reporting arrangements of manager with sponsor, What type of r...

What type of relationship and reporting arrangements must the project manager have with the sponsor? The sponsor of a project shows the management of the organisation which com

Advantages of fms, Advantages of FMS Flexible manufacturing system...

Advantages of FMS Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industrie

How you would organise a project team for rad-type project, Notice how you ...

Notice how you would organise your project team for RAD-type project. What leadership practices would this need by the project leader and what would the team members have to perfor

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

Project management value measurement process, Project Management Value Meas...

Project Management Value Measurement Process Value management is a process which will have to be used throughout the project.  The  different  tools  and  techniques are availa

What are the causes of poor industrial relations, What are the Causes of Po...

What are the Causes of Poor Industrial Relations? Purposes of Poor Industrial Relations situation for good IR are as follows: a. Inadequate fixation of wages and wage struct

Functional requirements for an exhibition management system, Question: ...

Question: (a) Consider the following quality goals and provide a way to make the goal more tangible such that it can be easily verified: ?Software should be user friendl

Back to school crunch at global green books publishi, what risks can you id...

what risks can you identify? why are they risk to global green books publishing?

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