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

Describe the factors that lead to the project failure, Question: a) Des...

Question: a) Describe lessons or best practices that could be learned from the above case study? b) Describe the factors that lead to the project failure? c) What is acc

Risk managemet, How do I create a risk management plan

How do I create a risk management plan

Project dess igne, think a project of your own and formulate a questionnair...

think a project of your own and formulate a questionnaire

How to measures cost of defects for the product, Business losses per defect...

Business losses per defect that happens during operation Business interruption costs; costs of work-arounds Lost sales and lost goodwill Litigation costs resulting from de

Quantitative layout analysis - Trial and Error Method, Quantitative layout ...

Quantitative layout analysis - Trial and Error Method Here we use simple travel chart and graphical approach to reduce to minimize nonadjacent flows by centrally locating the

Line balancing procedure in assembly layout, Line Balancing Procedure in As...

Line Balancing Procedure in Assembly Layout step1: Determine what tasks must be performed to complete one unit of a finished product and the sequence in which the tasks mus

Cost analysis, After analyzing the three models, and comparing all three us...

After analyzing the three models, and comparing all three using a paired-t test, we found out that the results of the modifications to the base model were statistically significant

Production improvement - materials management, 1. Reciprocal Relations: W...

1. Reciprocal Relations: When  a company deliberately buys  as much  as possible  from its own  customers  it is  said  to practice reciprocity. In consumer goods industries reci

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