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

Caselet, what are the objective of the project alignment session program?

what are the objective of the project alignment session program?

Computerized relative allocation of facilities technique, Computerized Rela...

Computerized Relative Allocation of Facilities Technique (CRAFT): The previous difficulty can now be alleviated because of the availability of computer software packages like

PROJECT CHARTER, GIVE ME AN EXPAMPLE OF A PROJECT CHARTER.

GIVE ME AN EXPAMPLE OF A PROJECT CHARTER.

Microsoft Project Management, Greeting, Do you use Microsoft Project Manage...

Greeting, Do you use Microsoft Project Management software for project management assignments if needed

Quality movement, QUESTION 1: (a) Explain how TWO of the given gurus h...

QUESTION 1: (a) Explain how TWO of the given gurus have contributed to the Quality Movement, highlighting the major points of their philosophies: (i) Edward Deming (ii)

Use of both innovative approach in development process, Q. Use of both inno...

Q. Use of both innovative approach in development process? There are many major aspects that will sway the future trends in the development of new products. In the new millenn

Kilbridge and wester method of line balancing, Kilbridge and Wester Method ...

Kilbridge and Wester Method of line Balancing Kilbridge and Wester propose this method. Here numbers are assigned to each operations describing how many predecessors it has.

Elements of craft, Elements of CRAFT It reads the load summary (the nu...

Elements of CRAFT It reads the load summary (the number of loads carried between pairs of department), the costs for per unit load per unit distance for the handling of materi

Addressing high nurse turnover at Bronson methodist hospital, identify purp...

identify purpose of case study , general information about hospital, identified problem and proposed solution

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