Regency Plaza Essay

3906 Words16 Pages
Project Management Case Study Regency Plaza William J. Poorvu & Richard E.Crum Harvard Business School January 2, 2008 Name UCD Index Number NSBM Index Number Illanadara T.K 14206415 BSC-UCD-MGT-B18-044 Shavindrie Perera 14206422 BSC-UCD-MGT-B18-050 D.S.S.V Jayasinghe 14206523 BSC-UCD-MGT-B18-140 Uvini Dileka 14206472 BSC-UCD-MGT-B18-300 Tilan Pathirana 14206520 BSC-UCD-MGT-B18-138 I.A Kodithuwakku 14207401 BSC-UCD-MGT-B18-283 Project Management (BMGT2003L) Assignment 2- Group UCD MGT Batch 18- Group A 1|Page Contents Executive Summary………………………………………………………………..03 Introduction……………………………………………………………………...…04 Analysis……………………………………………………………………………..05 Discussion and conclusion………………………………………………………...13 References………………………………………………………………………….14 Appendix…………………………………………………………………………...15 2|Page Executive Summary This case study analyzes project management in the context of the condominium development project at the Regency Plaza Hotel complex. It highlights the project definition phase, the project manager, and the importance of risk assessment in projects. Every project is unique and never been done before which leads to uncalculated risks and changes on top of various issues that any project could face which is budgetary and timeframe downfalls. During these times of critical fluctuations it is important for the project manager to step in and make effective and efficient decisions which will ultimately lead to the attainment of the objective of the project. The report further discusses the impact of a significant strategy of the project and how it affects the overall execution of the project. A project manager is human too which comes with the probability of errors. However the report further discusses what a project manager can to do to make feasible decisions among all

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