Sheraton Hotel Case Study

2873 Words12 Pages
Introduction As stated in the introductory section, Sheraton Hotels and Resorts Worldwide, the owners of Sheraton Hotels intends to build a new hotel in Zimbabwe’s resort town of Victoria Falls. Victoria Falls being a popular destination is a prime tourism destination Sheraton Hotels and Resorts Worldwide identified Zimbabwe’s tourist towns as a potentially profitable location to build their latest state of the art hotel and have initiated this chapter of the project is to analyze the opportunities of developing this hotel by analyzing the cost, duration of such a project, a brief history and study of the location and the personnel required for the activities of the project, and a potentially great business hotspot. This chapter will focus…show more content…
Preparing and documenting Cost of Risk estimates iii. Developing Project Chart of Accounts iv. Creating Regression Analysis of development costs against time v. Project team training financing vi. Preliminary Project solutions Costing (make or buy) vii. Preparing and documenting cost benefit analysis viii. Verification of all charges associated with the project costs ix. Develop the Project budget and project budget breakdown. Quantity surveyor: • preparing tender and contract documents, including bills of quantities with the architect and/or the client • undertaking cost analysis for repair and maintenance project work • assisting in establishing a client's requirements and undertaking feasibility studies • performing risk, value management and cost control • advising on procurement strategy • identifying, analysing and developing responses to commercial risks • preparing and analysing costings for tenders • allocating work to subcontractors • providing advice on contractual claims • analysing outcomes and writing detailed progress reports • valuing completed work and arranging payments • maintaining awareness of the different building contracts in current use • understanding the implications of health and safety

More about Sheraton Hotel Case Study

Open Document