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

Precedence diagram and identify the element, Precedence diagram and identif...

Precedence diagram and identify the element A task having 12 work elements and their logical relationship and time ( in Seconds ) taken is given in the table below. C

Advantages of fms, Advantages of FMS Flexible manufacturing system...

Advantages of FMS Flexible manufacturing systems are regarded as one of the most efficient methods to employ in reducing or eliminating problems in manufacturing industrie

Performance appraisal help in operational decision making, How is the Perfo...

How is the Performance Appraisal help in operational decision making? Performance Appraisal helps in operational decision making in personnel management gives clues to manageme

What are the steps in organisation design, What are the steps in organisati...

What are the steps in organisation design? Steps comprised in Organisation Design are as illustrated below: a. Understand and formulate the goals and things of the organisat

What are the advantages of top-down centralised approaches, What are the ad...

What are the advantages of top-down centralised approaches? The advantages top-down centralised approaches Project budgets can be imposed by using top-down that is centralis

Project management cycle, It is essential that you study the list below to ...

It is essential that you study the list below to ensure that you understand the terminology used in assignment and examination questions. The successful outcome of your assessment

Business negotiation, Tony Taxpayer''s return case study. Question is to ap...

Tony Taxpayer''s return case study. Question is to apply general attribution theory to analyze and explain each parties attitude and conclusions.

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

Project managment traffic lights, #questionhi i sent my assignment yesterda...

#questionhi i sent my assignment yesterday but havenot recieved any reply yet ..

Procedure for registration of iso, ISO is located in Geneva, Switzerland....

ISO is located in Geneva, Switzerland. Each nation has its own national Standard Organization ( NSO) which is affiliated to the ISO. The system and procedures are laid down

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