2. KARAKORAM GRADUATE SCHOOL
PROJECT STAKEHOLDER
MANAGEMENT
ASIF MAJEED 2022-KIU-MS686
ARAFAT HUSSAIN 2022-KIU-MS678
ARIF MEHMOOD 2022-KIU-MS685
TAHIR ALI 2022-KIU-MS728
NAEEM ABBAS 2022-KIU-MS709
ISHFAQUE AHMED 2022-KIU-MS694
AMIR MUHAMMAD 2022-KIU-MS683
SAJJAD SHAHID 2022-KIU-MS718
3. PROACTIVE MEASURES ADOPTED BY A CONSULTANT TO REDUCE
INTERVENTIONS OF EXTERNAL STAKE HOLDERS
As a consultant
I would address the client's concern about how external stakeholders might affect the
project's cost and schedule.
I would then outline the ways external stakeholders can impact a project, including
delays due to protests or changes in regulations or laws.
Secondly
I would suggest that, we should perform a stakeholder analysis to identify important
stakeholders.
The analysis will evaluate the stakeholders' interests, power, and potential effect on the
project.
Using the results of the stakeholder analysis
I would advise the team to create
a plan to engage stakeholders
proactively manage their expectations
reduce the impact of possible disruptions
4. PROACTIVE MEASURES ADOPTED BY A CONSULTANT TO REDUCE
INTERVENTIONS OF EXTERNAL STAKE HOLDERS
This plan may involve
Actions like regular communication with stakeholders
Anticipating potential issues
Creating backup plans
establishing a system for stakeholder input and feedback
Lastly, I would emphasize the significance of sustaining a positive relationship with
external stakeholders and being attentive to their concerns.
This can aid in building trust and decreasing the possibility of disruptions that may
affect the project's cost and schedule.
5. Suggested Course for Project Stake Holder Management
(MSPSM)
Core Modules (5)
1 Project Stakeholder Analysis and
Mapping
2 Project Stakeholder Engagement and
Participation
3 Communication and Conflict Resolution
in Project Stakeholder Management
4 Ethics and Corporate Social
Responsibility in Project Stakeholder
Management
5 Stakeholder Management in
International and Cross-Cultural
Contexts
Elective Modules (15)
1 Introduction to Project Stakeholder Management
2 The Drivers of Project Stakeholder Management and
Engagement
3 Professional Project Stakeholder Management:
4 Project Stakeholder Identification Processes and Tools
5 Risk Management and Stakeholder Engagement
6 Information in the Stakeholder Analysis Process
7 Options of External Project Stakeholder
8 Project Communication Management
9 Sustainability and Environmental Management in Projects
10 Governance and Regulatory Frameworks in Project
Stakeholder Management
11 Financial Management and Stakeholder Engagement in
Projects
12 Construction Stakeholder Management
13 Strategies involved in Project Stakeholder Management
14 Project schedule and control
15 Project Human Resource management
6. Conducting a stakeholder SWOT analysis for the multi-billion Rupee
project of constructing a Five-Star Hotel in Islamabad
As consultant, my approach to conducting a stakeholder SWOT analysis for the multi-billion Rupee project of
constructing a five-star hotel in Islamabad would involve the following steps:
Identify the stakeholders:
first need to identify all the stakeholders involved in the project, including the foreign entity
funding the project, the hotel management company, the local government, the local
community, the construction company, the hotel guests, the hotel employees, and any other
relevant stakeholders.
Gather information:
Once the stakeholders have been identified, I would gather information
on their interests, needs, expectations, and potential impact on the
project. This can be done through surveys, interviews, focus groups,
and other research methods.
Conduct the SWOT analysis:
Based on the information gathered, I would conduct a SWOT analysis for each
stakeholder group, focusing on the following components
7. Conducting a stakeholder SWOT analysis for the multi-billion Rupee
project of constructing a Five-Star Hotel in Islamabad
STRENGTHS
• High profit margin
• Identify the positive aspects of the project that
could benefit the stakeholders.
• Unique style and individual character of the hotel
and services
• Generate revenue for the local government and
boost tourism in the region.
• Prime location of the hotel
• Full independence and flexibility, control of the
associated business decision
• Experienced and knowledgeable staff
• Excellent customer service
• Strong brand reputation
• Well-maintained and updated facilities
WEAKNESSES
• High setup cost
• the construction of a large hotel could cause
disruption to the local community
• Dependent on international tourism
• Increase traffic congestion, and negatively impact
the environment.
• High employee turnover rate
• High cost structure
• Limited parking spaces
• Higher prices compared to competitors
• Inconsistent food quality in the hotel restaurant
• Outdated technology and reservation system
8. Conducting a stakeholder SWOT analysis for the multi-billion Rupee
project of constructing a Five-Star Hotel in Islamabad
OPPORTUNITIES
• Local and international feeder markets
• The hotel management company could work with
the local government to develop tourism
packages
• Increase in tourism in the region
• Develop cross selling strategies
• Collaborations with local businesses for
promotions and events
• Expansion of the hotel's facilities and services
• Introduction of eco-friendly practices to attract
Eco-conscious customers
• Online marketing and booking platforms to attract
a wider range of customers
THREATS
• Local and political unrest
• Local community members may protest against
the construction of the hotel
• the local government may impose regulations or
taxes that could impact the hotel's profitability.
• Unfavorable economic condition
• Economic downturns and recessions
• Pandemics
• High taxes and strong competition
• Natural disasters or unforeseen events that could
disrupt hotel operations
• Changes in government regulations and policies
that could affect the hotel industry
9. ADVANTAGES AND DISADVANTAGES OF INFORMATION COMMUNICATION
ADVANTAGES OF ICT
ADVANTAGES OF ICT
Communication: ICT has bind globally. Using social
network from nearly anywhere in the world has offered
to bring families, friends etc. together.
Globalization: The world has become global village
bringing down barriers geographically.
Financially uplift: ICT has greatly helped to
restructure business organizationally. This in turn
gives more profit.
Availability: ICT has turned business into automated
way. It gives customer the opportunity to purchase,
thus makes more convenient
Bridging the gap: ICT has helped to bring people
close to each other, culture, exchanges of views and
ideas
New job opening: ICT has open new job. Software
and hardware tool analyst programmer etc.
DISADVANTAGES OF ICT
Unemployment: ICT has caused unemployment. The
middle level jobs are vanishing due to use of ICT.
Information Quality: One man disadvantage of ICT is
the quality of information which is shared. The
message which is desired to be sent is not received in
its original content, due to manipulation.
Overreliance on ICT: Due to overreliance the ability
and capabilities of human resource are weaken. They
cannot perform the work as desired.
Information Security: Information to be shared with
specific stakeholder may be shared with all
stakeholders there is chance of modification,
disruption or destruction.
