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

How to measures customer satisfaction for the product, Quality ultimately i...

Quality ultimately is calculated in terms of customer satisfaction.) Surveyed before product delivery and after product delivery (and on-going on a periodic basis, using standar

Management parts, Discuss the management part of project management

Discuss the management part of project management

What are the contents of post completion report, What are the contents of p...

What are the contents of post completion report? Contents of a PC (post completion) report: a. Outcomes documented through staff appraisals undertaken b. Stakeholder surv

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

Identify the characteristics of the organisation, M is a business that sell...

M is a business that sells custom made computer-based information systems. Every customer order is for a unique system, which will contain experts from many functional areas within

System engineering and deployment of Envirobat, i need a 5000 words report,...

i need a 5000 words report, i have already submitted a project plan from a material. i want report from already available material and some portion from yours as well.

Materials management as an operating function, Materials  Management  as an...

Materials  Management  as an Operating Function : In  small  scale industries generally  the  function  of materials  management  is considered subordinate to the production  func

Project closure, Project Closure   Project closure is the last stage of ...

Project Closure   Project closure is the last stage of the Project Life Cycle. The beginning of the Project Closure Phase is analysed by the completion of all project objectives

Explain about the budgeting process in risk management, Explain about the b...

Explain about the budgeting process in risk management. The budgeting process: A budget is a quantified or forecast plan of action. A quantified financial plan of action

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