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

Work breakdown structure, Work breakdown structure: The work breakdown ...

Work breakdown structure: The work breakdown structure, as its name suggests, represents an organised and logical break down of the project into its component parts. Thus break

Stakeholder management, 3. What are some ways to manage a stakeholder rela...

3. What are some ways to manage a stakeholder relationship closely? Give examples of how you might manage relationships differently based on the unique personalities of different

Brown &b hyer, Chapter 6 presents several tools that can be useful when ass...

Chapter 6 presents several tools that can be useful when assessing for project uncertainties. Compare and contrast risk mapping, FMEA, and the gut-feeling method. Which method do y

Network Security and Support, Choose a case study from the readings or use ...

Choose a case study from the readings or use your own workplace or organisation to discuss these questions. 1. What are the key elements of a sustainability statement? 2. What ar

Organization design-managerial function of organizing, Organization design ...

Organization design Organization design refers to the overall configuration of positions and interrelationships among positions within the organization. Design therefore mainly

Define the term risk in risk management, Define the term risk in risk manag...

Define the term risk in risk management. Risk: It is the probability or chance of something which may or may not arise; this is something that can be quantified by using s

Components of strategy, Components of Strategy Strategy has four basic ...

Components of Strategy Strategy has four basic components: Scope: which refers to the position the firm wants to have in relation to its environment. Resource deploym

Develop a integrated management project, You are not expected to submit a f...

You are not expected to submit a formal proposal. However, you will be able to access Subject Tutors via HenleyConnect and you may seek feedback from them as to the suitability and

Explain the role of project manager in short, Explain the role of project m...

Explain the role of project manager in short. Project Manager: The project manager is conscientious for the daily management of the project into constraints laid down thr

Article delivery over network information system, Article Delivery Over Net...

Article Delivery Over Network Information System (ADONIS): ADONIS is a consortium of biomedical journal publishers that supplies full-text journals on CD-ROM for document deli

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