Case Study : The New ¬ Golden Dragon

After the solution has been agreed and funding allocated, a project is formed. The Terms of Reference defines the vision, charter, scope and deliverables for the project. It also provides the plan tree diagram, which is a summarized plan of the activities, resources and funding required to undertake the project. Finally, any risks, issues, planning assumptions and constraints are listed.

Based on the original project schedule, it seems that the project could be achieved on time. However, there still is a high possibility that the project would fail to be completed on schedule because of some issues, such as human resource over-allocation, delayed works as of Aug 26 2003, and so on. To make sure that the project could be finished on time, Chris Johnson and

Describe common practices to estimate the duration of project activities as well as real reasons that cause project delays.

My partners and I have made a list of areas that might cause the project delays or failure with their respective outcomes. We have listed the risk below that can prevent the project to finish on time.

This assignment consists of two (2) sections: a project introduction and a project plan. You must submit both sections as separate files for the completion of this assignment. Label each file name according to the section of the assignment it is written for. Additionally, you may create and / or assume all necessary assumptions needed for the completion of this assignment.

3. Increase weekend prices. By increasing lodging prices on the weekends, it will not harm the business traveler base, and increase profits for the personal and vacation/pleasure areas. This could adversely affect the number of guests staying at the hotel on the weekends and drive the weekend revenue stream down.

Enough information should be provided to give sufficient context. However in the Executive Summary this section can receive less emphasis than it might in the overall report so that more attention can be given to the evaluation purpose, design, limitations, and findings. In the main report it should describe the problem being addressed by the project, and the project logic for why it will lead to better outcomes. This could include a logical framework for the project if one exists, and the development hypothesis, or causal logic, of the project or program of which the project is a part.

Project Managers and management seem to be the only people who have knowledge about the roadmap of the project and what needs to be done (Pechau, 2011). The arbitrary timelines being imposed in a top-down way are making it difficult for those who are actually performing the tasks to communicate exactly what, from their level, still needs to be done and the nature of that work. This is impeding an accurate understanding of where the timeline really is and the depth and breadth of the work to still be accomplished.

The team has stated the project’s objectives, defined deliverables, established milestones and technical requirements, which help define the project’s scope and establish priorities. With the imposed deadline, completion of the project on time should be the project’s top priority and thus becomes the

Due to the one month delay, all participants of the project need to meet in one big meeting to set targets, how to catch up the schedule in order to complete the project on time. Everybody at the meeting needs to know how serious the situation is and that everybody has to work harder to recover the lost time. The management of the company can implement awards to give incentives for people who would like to benefit from the extra work.

Projects often can exceed their planned schedule by a certain percentage, sometimes even 50 to 100 percent. Often this is

Throughout the project, the Project Board uses the Project Plan as a baseline against which to measure progress. As such, the Project Plan must contain the overall schedule and cost of the project, as well as tolerances set by corporate/programme management. The Project Plan also provides a high-level view of the project’s management stages.

In order to attract contract clients from industries, businesses and travel agents we will have rate cut offer for next 10-12 month. The Hotel 's survival in the current time, will be dependent on repeat business. That is why brand must continue to deliver on its quality service with affordable values.

The business risks for this project could be wasting money on programs that are not very effective, in enhancing employee performance, or

It will also detail what milestones must be met to be able to successfully coordinate effort within the project timeline and meet the inauguration date as planned, without the milling of any other milestones nor the compromising of any nor all deliverables. Finally, it ensures the appropriate risk mitigation is in place to meet the final deliverables and the timeline requirements within every project phase.