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 area would you use to check the strategy was sound, When you had to gr...

When you had to grow a strategy for a tiny software house employing fifty or therefore professional computer people, then how would you go regarding it? What area would you use to

Project risk management team , Project risk management team  The projec...

Project risk management team  The project risk management team helps to carry out risk management process. The responsibilities of project risk management team are to:

Help on project from henley, The Integrated Management Project is a demandi...

The Integrated Management Project is a demanding piece of work requiring initiative, energy and application. It is our desire to support you and help you in this process as much as

Produce a management report of a company, There are two learning objectives...

There are two learning objectives of this assessment. 1. The first relates directly to the operations management materials presented in the lectures 4 and 5. This assessment wil

How you would estimate the project management activity, Explain how you wou...

Explain how you would estimate the project management activity. Project management: This effort is dependent onto two things as whether a full-time project manager is to be

Explain what deming meant by the following statements, Question: (a) Ex...

Question: (a) Explain what Deming meant by the following statements? What happens if you do not fulfill those principles? (i) Institute leadership. (ii) Drive out fear.

What are the disadvantages of bottom-up decentralised, What are the disadva...

What are the disadvantages of bottom-up decentralised approaches? Project budgets can be imposed by using bottom-up that is decentralised approaches for example project manager

Prince2, what are the major problem in ground breaking project

what are the major problem in ground breaking project

Define the term quality management, Question: a) Define the term "Quali...

Question: a) Define the term "Quality Management". b) Explain four motivations (purposes) behind Quality Management. c) Is the following important in the Quality Man

Describe edgar scheins levels of organisational culture, Problem 1: Des...

Problem 1: Describe the importance of Employee Relations Management in an organisation. Describe employee relations management Importance of employee relations managem

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