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

Define the process of critical path analysis, Define the process of critica...

Define the process of critical path analysis. Process of critical path analysis: 1. Break down project within a logical sequence of activities to be finished. 2. Appro

Drawbacks of poor planning and designs, Question 1: Explain why hotel m...

Question 1: Explain why hotel managers today are expected to be well-versed in Facilities Planning and Design Management. What according to you could be the drawbacks of poor

Use of both innovative approach in development process, Q. Use of both inno...

Q. Use of both innovative approach in development process? There are many major aspects that will sway the future trends in the development of new products. In the new millenn

Analysis of data, After the data have been collected the researcher turn...

After the data have been collected the researcher turns to the task of analyzing them. The analysis of data requires a number of closely related operations such as esta

Concept of values to an organization, The Buddha had said that an individua...

The Buddha had said that an individual is free to think and decide on his own and at the same time he is responsible for his own actions. Organisations are about individuals; they

Processes by market orientation , Processes by Market Orientation Pro...

Processes by Market Orientation Processes can  also be categorized on the basis  of four  marker orientations: Make to Stock (MTS): the goods usually are standard mat

Critical analysis, Need to get critical analysis of the Document, Project M...

Need to get critical analysis of the Document, Project Management Body of Knowledge 1996 by the Standard committee of the PMI 8 pages. how much would this cost?

Total quality management, TOTAL QUALITY MANAGEMENT: Decision making is...

TOTAL QUALITY MANAGEMENT: Decision making is an important management process in any organization. Without decision, nothing can be properly planned or accomplished. Decisions

Project Management Organization Framework, The Big Dig has often been criti...

The Big Dig has often been critiqued due to costs and challenges. To what extent do you think is it possible to identify risks associated with the project early in the project''s l

How much time should planning take, Q. How much time should planning take? ...

Q. How much time should planning take? T imes taken for individual projects differ considerably frequently due to circumstances beyond the project manager's control such as ch

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