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 communication do i need, Q. What communication do I need? Communic...

Q. What communication do I need? Communication is possibly one of the most important functions of a project manager and yet sometimes the least understood. With no people there

A Grid Analysis (Weighted Scoring Model) to, I need a decision matrix- a Gr...

I need a decision matrix- a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 I need the acual model calculated based

Types of information collected when undertaking competitor, S is enrolled o...

S is enrolled on T Company's management development programme.  Although S has a financial background, the aim of the management development programme is to help him to gain a bett

Illustrate the method of on the job training for managers, Illustrate the m...

Illustrate the method of On the Job Training for managers? Methods of ‘On – the Job Training’ for Managers are illustrated below: a. Experience: Under such method a person

Organisational competences and core competences, Explain the relationship b...

Explain the relationship between organisational competences and decisions relating to the contracting out of activities. Organisational competences A competence is an mehod

Skills helpful in project and programm support office, What skills are help...

What skills are helpful when working in Project and Programme support office? The skills which are most helpful probably include in Project and Programme support office: a.

Growth in outsourcing by organisations, Briefly explain the reasons for the...

Briefly explain the reasons for the growth in outsourcing by organisations. Outsourcing involves the contracting out of a business function to an external third partyprovider.

What is a successful project, Q. What is a successful project? Since ea...

Q. What is a successful project? Since each project has an element of newness about it there will be difficulties and risks to be surmounted. These require decisions and may be

Group technology or cellular manufacturing (cm) layout, Group Technology or...

Group Technology or Cellular Manufacturing (CM) Layout In group Technology /Cellular Manufacturing ( C M ) Machines are grouped into cells and the cells function somewhat like

5. Reduction in Length of Stay for Heart Failure & Shock Pat, ABOUT THE CAS...

ABOUT THE CASE STUDY. This explains about the case study in general, its purpose, the problem identified, and the proposed solution (500-word count) V. PROJECT MANAGEMENT INTEGRAT

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