Management Theory & Practice

Management use Planning Tools in Hotel

Presented to: Waqas Raza Presented by: M.Hashaam

Topic:

Roll No. : AM552381 Class : MBA (B&F) 1st Semester

Allama Iqbal Open University ASC: Punjab Computer College, Garhishao, Lahore

Acknowledgment
First of all thanks of Allah who is most beneficent and the most merciful whose blessings are abundant and favors are unlimited. It is my pleasure to acknowledge the guidance and support of my subject Teacher: Mr. Adnan Siddiqui for her endless guidance. My deepest gratitude goes to my Parents and all of my friends for their moral support, understanding and help. I would also like to acknowledge Pearl Continental Lahore.

An Abstract
Planning Tools are those techniques which helps managers to make plan affective. In any organization Planning Tools play vital role in management. In Pearl Continental Lahore, Planning tools helps to achieve the set goals and objectives.

Introduction to Planning Tools

Definition Managers have a variety of tools available that can enhance and facilitate the planning process.

Introduction to Planning Tools cont...

There are three categories of Basic Planning tools and Techniques which are following: For Assessing the Environment For Allocating Resources Contemporary Planning Techniques

Introduction to Planning Tools cont...

1) For Assessing 2) For the Environment Allocating Resources 1. Global 1. Budgeting Scanning 3) Contemporary Planning Techniques 1. Project Management 2. Scenario Planning

2. Forecasting

2. Scheduling 4. Load Charts 5. PERT Analysis 6. Break-Even Analysis

3. Benchmarking 3. Gantt Charts

Case Study
Management Planning Tools in

Pearl Continental Hotel Lahore

About Pearl Continental Hotel Lahore

Pearl Continental Hotel is the largest and Pakistan's only five star ( ) chain. In 1985 Hashoo Group took over this company through privatization and changed the name from Inter Continental to Pearl Continental (PC). In 1967 PC Lahore came into existence.

Vision Well open the doors; youll see whats in store.

Vision & Mission

Mission

Our mission is to be the hotel recognized as the leader in the industry in any aspect. We are committed to train and develop all our staff members allowing them to grow in their careers and provide services and standards which exceed guest expectations.

Planning tools used in Pearl Continental Hotel Lahore

The following Planning tools are used by Hotel Management in PC. Scheduling Pie Charts and Graphs Break-Even Analysis Forecasting Budgeting

Merits and Demerits of Planning Tools in PC

Merits
Achieve Targets Quality Products Excellent Service Creative Innovation

Demerits Wrong Fact Figure's

Strengths and Weaknesses of Planning tools in PC

Strengths Quality Products Excellent Service Financial Strength Organized Management Weaknesses Terrorism and Instability in Country Country Repute

Conclusion
I conclude that in Pearl Continental, Planning tools are working most efficiently to achieve their goals and objectives. Planning tools helps the managers to manage the plans affectively.

Recommendations
In Pearl Continental Lahore there is need of new technology to make more efficient planning tools. Availability of information for planning tools should be correct and accurate.

Thank You