Since the disaster of September 11, 2001, hotel vacancies for the RLV Group have declined by 15% (compared to an overall 10% decline across the entire Prestige Hotels venture). This represents, in real dollars, a loss to RLV Group of $75 million for the next fiscal year.
Of the fifteen high-priority projects currently under consideration in the Prestige Hotels project management office (PMO), this project is fourth in priority and has gained Prestige executive approval to proceed.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.