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 about the term hygiene factors, Explain about the term Hygiene Fact...

Explain about the term Hygiene Factors. Hygiene Factors: Maslow’s require Hierarchy Theory upon Motivation has been modified through Fredrick Herzberg and his relates. Th

Explain the tool of total quality improvement, Question: As the Managin...

Question: As the Managing Director of your organization, you have been analyzing other institutions that you regard as competitors. Extrapolating your current position up to t

Traditional definitions of quality, T raditional definitions of Quality ...

T raditional definitions of Quality There are various definitions of quality. According to quality pioneer Joseph M. Juran quality has two meanings that are very important for

The potential barriers to effective communication, J, the Finance Director,...

J, the Finance Director, is preparing for an important negotiation with P, the Marketing and Sales Director, regarding the way the company's sales targets will be set in the future

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: i. Software should be user friendl

Project Planning Appraisal and Control, 2. Why Conflicts arise between two ...

2. Why Conflicts arise between two or more mutually exclusive projects? Analyse the situations where conflicts may arise and suggest how these conflicts can be resolved.

Discuss the importance of proper design for a hospitality, Question 1: ...

Question 1: Discuss the importance of proper design for a hospitality unit of your choice. Support your answer with relevant examples from the appropriate industry. Q

Explain gbf group''s strategic business units, GBF Group is a leading food ...

GBF Group is a leading food and beverage manufacturer with an international presence in over 50 countries worldwide. The group has seven strategic business units (SBUs) and each ha

Precedence Diagrams, I know how to construct a precedence diagram but i am ...

I know how to construct a precedence diagram but i am asked the question :use the largest candidate rule to assign work elements to stations using a service time of 1.5 min how do

Purpose of the privatisation of public sector undertakings, What is the pur...

What is the purpose of the privatisation of public sector undertakings? Purpose of the privatisation of public sector undertakings: There have been purposes which have und

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