Managing hospitality and tourism projects - Essay Example

Relying on the superiority of software, it could manage planning and estimation, scheduling, budget management and cost control, resource allocation, communication, collaboration software, quality management, decision making and administration or documentation system. Total quality management is referred to the structured and comprehensive approach towards organizational management which seeks to enhance the quality of services and products through ongoing improvements in response to the continuous feedback.

Total quality management can be put into practice by any kind of organization; it was initiated in manufacturing sector and then it has been adapted in almost each type of companies including churches, schools, hotel management, and highway maintenance. The purpose of the report is to critically evaluate several concepts, theories, and tools related to the project management and decision making. Various concept of project management will be applied in the Radisson Blu Hotel at Disneyland Paris and focus will be paid on how change management will help the company to attain success.

Cost benefit analysis involves first totalling the benefits and then evaluating these with costs related with the course of action. The outcomes of the investigation are frequently expressed in terms of payback period which is the time taken for the benefits in order to repay the costs. The cost benefit analysis technique can be used in various situations such as in making decision whether to employ new member of team, during making evaluation of a novel project, and in determining the viability of assets or capital purchase (Layard and Glaister, 1994).

Determine scope and objectives: The initial step involves outlining the characteristics of problem which is to be addressed. The information provided at this phase should also present an initial sign of how suitable the objectives are relative to the needs of