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

NPV, A brilliant UTM student at the end of his graduation is in presence of...

A brilliant UTM student at the end of his graduation is in presence of two opportunities and has to choosen between them.

Process planning, Process Planning Process planning is the systematic dete...

Process Planning Process planning is the systematic determination of method or process by which the product is to be manufactured economically and competitively within the limits

Illustrate the product life cycle, Q. Illustrate the Product life cycle? ...

Q. Illustrate the Product life cycle? Every food product passes through different phases throughout its life and therefore, the need for development of a new product arises. Ea

Research reports and design documents, Project management-related deliverab...

Project management-related deliverables: business case, charter, team contract, scope statement, WBS, schedule, cost baseline, status reports, final project presentation, final pro

Project management functions, Project Management Functions Let us now d...

Project Management Functions Let us now discuss the project management functions. Project management process consists of five core functions to utilise resources to accomplish

Standardization of work processes, Standardization of Work Processes:   ...

Standardization of Work Processes:   The interrelated processes of an organization need to be standardized which help to determine how work is organized and how customer needs

Directing-process management, Directing (leading) This is the function ...

Directing (leading) This is the function concerned with influencing organizational members to carry out their assigned roles and activities. This function includes motivation,

What are the disadvantage of top-down centralised approaches, What are the ...

What are the disadvantages of top-down centralised approaches? The disadvantages top-down centralised approaches: Project budgets can be imposed by using top-down which is c

Explain the new performance management system, Question 1: (a) How does...

Question 1: (a) How does Training differ from Development? (b) Elaborate on the different training methods, highlighting their relative advantages and disadvantages. Ques

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