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

Management responsibility on quality control, Management Responsibility ...

Management Responsibility a. The quality policy shall be defined documented understood implemented and maintained. b. Responsibilities and authorities for all personn

Project contracts, Understanding Project Contracts  Project contracts i...

Understanding Project Contracts  Project contracts invariably involve construction and therefore we will discuss contracts necessarily involving construction in this section. I

Explain the concept of performance management system, Question 1: "HRM ...

Question 1: "HRM is regarded by some personnel managers as old wine in new bottles". (Armstrong, 1987). Discuss. Question 2: "The contribution of HR function is insig

Define the conformance management systems, Define the conformance managemen...

Define the conformance management systems. Conformance management systems: Makes sure the output of the project for example the end product or result gathers the customer

Advantages of three dimensional models, Advantages of Three Dimensional Mod...

Advantages of Three Dimensional Models Layouts made of models are easier to understand by laymen. It is easy to explain to the management. Models can be shifted eas

Product/service and volume flexibility, Product/Service and Volume Flexibil...

Product/Service and Volume Flexibility Ability to respond fast to the customer's needs known as flexibility.Two forms of flexibility are product/ Service and volume flexibilit

Application development for the multinational, Question: (a) What coul...

Question: (a) What could be the motivations for a large multinational to offshore its application development? (b) What could be the risks of offshoring application develo

Risk management plan , Creating a Risk Management Plan  The main aim of...

Creating a Risk Management Plan  The main aim of risk management is to develop a well-structured approach to deal with any kind of uncertainty, which create threats in the proj

Explain what is public-private-partnership, Question : (a) Explain wha...

Question : (a) Explain what is public-private-partnership (PPP)? (b) What are the benefits of public-private-partnership? (c) Explain the different forms PPP arrangeme

Project risk custodians , Project risk custodians  The quality risk fun...

Project risk custodians  The quality risk function is carried out by the project risk custodians. The responsibility of project risk custodians is to:    Integrate all po

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