Regency Plaza Project Case Study: The Regency Plaza Project

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Case Study

The Regency Plaza Project

Introduction
The Regency Plaza is a 96 condominium complex and 300 hotel rooms project. For which the Regency group contracted individuals to deal with the project and the project manager for condominium venture was Hodgkins. She has a considerable amount of inconvenience while the project is going on as it is moving towards a disaster because of the exceeding due dates and increasing budget. If the project has proper project definitions and risk management this would not have become as troubled as in current stage. Hodgkins additionally needed to take imperative choices about the project and it is seen that she doesn 't take the best choices each time. …show more content…

Hodgkins was confronting the issue, it was the first issue, about the cutoff point of the condominiums. Farley prescribed to fabricate 72 units and KDS contended it to be 96. However, finally due to the future monetary advantages, Hodgkins chose to assemble 96 of the units. While figuring out the human resource limits of the project, she misinterpreted and didn 't anticipate the workload due to the modifications would be significant enough that it might halt the project. As seen later, to finish the works within the due date Hodgkins seriously needed to outsource some labor regarding the modifications. Hodgkins needed to oversee multiple areas with a strict rule and she needed to make various essential choices that unfavorably influenced the completion of different tasks. As a project manager her primary goal is to take the project to its completion within the deadline. Indeed Hodgkins was informed with the various issues arising in the start of the project, but it appears she left those issues unaddressed. With this condition the project is very nearly a failed project. Practically all the shareholders are troubled, project slipped the timetables and was over budgeted

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