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

What are the pros and cons of a pure project organisation, What are the pro...

What are the pros and cons of a ‘pure’ project organisation compared along with a project operating into a matrix structure? A ‘pure’ project organisation comprises into itself

Research process, Research Process: Research process consists of a numbe...

Research Process: Research process consists of a number of closely related activates. But such activities overlap continuously and do not follow a strictly prescribed sequence.

Advantages of product layout, Advantages of Product Layout Regulat...

Advantages of Product Layout Regulation of Production: Since  production  is planned  according  to an orderly sequence manufacturing  time  from the  initial  operations

Describe types of projects requirements according to wijnen, Describe all t...

Describe all types of projects requirements according to Wijnen. Preconditions: It forms the context in which the project should be executed. Illustrations include legisl

Organisational style - participative management , Organisational Style: ...

Organisational Style: Whether the participative approach can  really work depends upon the type of organisation and its' functioning. An open organisation is more likely to en

Objectives of quality control, To assesses the quality of the raw materials...

To assesses the quality of the raw materials semi finished goods and finished products at various stages of production process. To see whether the product conforms to the predet

How to measures defect ratios for the product, Defects found after product ...

Defects found after product delivery per function point Defects found after product delivery per LOC Pre-delivery defects: yearly post-delivery defects Defects per functio

Combined layout, Combined Layout The application of the principle of p...

Combined Layout The application of the principle of product layout, process layout or fixed location layout in their strict meanings is difficult to come across. A combination

Briefly discuss features of learning organizations, Question 1: (a) Br...

Question 1: (a) Briefly discuss features of learning organizations. (b) Identify two pitfalls in implementing ‘Citizen's Charters' in public sector organizations. Ques

Types of histograms, H i stograms are of five types. They are: B...

H i stograms are of five types. They are: B ell shaped: It can be applied for concepts such as average and standard deviation. D ouble peaked: It is used to com

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