Project stakeholder management involves identifying stakeholders, analyzing their needs and impact, and developing engagement strategies. It includes four processes: identify stakeholders; plan stakeholder management; manage stakeholder engagement through communication, addressing issues, and fostering involvement; and control engagement by monitoring relationships and adjusting strategies. Effective stakeholder management is critical to project success.
The concepts and processes on how to perform project stakeholder management according to PMBOK Guide 6th edition. You'll find key concepts and terms, identify stakeholders, plan stakeholder management, manage stakeholders, and monitor stakeholders.
This short presentation is about Project stakeholders. Who are the project stakeholders for a given project? Will briefly discuss the project manager, project management team, project team, sponsor, and other stakeholders.
The concepts and processes on how to perform project stakeholder management according to PMBOK Guide 6th edition. You'll find key concepts and terms, identify stakeholders, plan stakeholder management, manage stakeholders, and monitor stakeholders.
This short presentation is about Project stakeholders. Who are the project stakeholders for a given project? Will briefly discuss the project manager, project management team, project team, sponsor, and other stakeholders.
These slides were used as a part of the Smarter Everyday Seminar at CTE Solutions Ottawa office on January 3rd, 2014.
What better way to start the new year than with getting smarter!
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/overview-of-program-management-1537
DOCUMENT DESCRIPTION
This presentation provides an overview to Program Management. It broadly follows the PMI's standard for Program Management. This document describes the context of the program, how to initiate and control projects as a part of program lifecycle, how to manage transitions, and how to obtain outcomes towards benefits realization. It also describes the key roles involved in program management and how Program Governance Board can facilitate program success.
Programs are taken up to realize benefits towards achieving organizational strategic objectives. Whereas projects produce discrete outputs, program management focuses on their synergization towards obtaining of outcomes and benefits.
Portfolio management is a key linking factor between program management and the organizational strategy. Programs, in turn consist of multiple inter-related projects collectively creating a coherent capability, which are then transitioned to the concerned functional departments to obtain desired outcomes.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
These slides were used as a part of the Smarter Everyday Seminar at CTE Solutions Ottawa office on January 3rd, 2014.
What better way to start the new year than with getting smarter!
This Slideshare presentation is a partial preview of the full business document. To view and download the full document, please go here:
http://flevy.com/browse/business-document/overview-of-program-management-1537
DOCUMENT DESCRIPTION
This presentation provides an overview to Program Management. It broadly follows the PMI's standard for Program Management. This document describes the context of the program, how to initiate and control projects as a part of program lifecycle, how to manage transitions, and how to obtain outcomes towards benefits realization. It also describes the key roles involved in program management and how Program Governance Board can facilitate program success.
Programs are taken up to realize benefits towards achieving organizational strategic objectives. Whereas projects produce discrete outputs, program management focuses on their synergization towards obtaining of outcomes and benefits.
Portfolio management is a key linking factor between program management and the organizational strategy. Programs, in turn consist of multiple inter-related projects collectively creating a coherent capability, which are then transitioned to the concerned functional departments to obtain desired outcomes.
Contents are sourced from different authors including PMBOK 5th Edition.
This is provided for free as part of our Continuing Practice in Project Management Professional Certification. You may download, share but please refrain from commercializing it or altering parts. Thanks.
For more on Innovations and Project Management, please visit www.facebook.com/SigmaProcessExcellence
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
HD version: http://1drv.ms/1i8AvZc
This is my publication on the introduction to project management. In this publication I overview important project management terms, definitions, project life cycles, and key project management software and tools
Stakeholders are any body who relate to your project , are impacted or can impact your project directly or indirectly. You gotta identify them and manage them if you want your project to be successful.
Stakeholder management in Project ManagementMITSDEDistance
The PGDM Project Management course at MITSDE aligns with the Project Management Institute's curriculum, offering comprehensive training by experienced professionals.
Online PMP Training Material for PMP Exam - StakeholderManagement Knowledge AreaGlobalSkillup
Stakeholder Management Knowledge Area in Project management defined by PMBOK 5th Edition by Project Management Institute (PMI). Provided by GlobalSkillup.com towards PMP Certification Exam.
Project Management Basics
Stakeholder Management
EPICPM®
*
Stakeholder – An individual, group, or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity or outcome of a project.
*Source: PMBOK® p.563
Stakeholder Management
*
Stakeholder Management – Includes the processes required to identify the people, groups, or organizations that could impact or be impacted by the project, to analyze stakeholder expectations and their impact on the project, and to develop appropriate management strategies for effectively engaging stakeholders in project decisions and execution.
*Source: PMBOK® p.391
Stakeholder Management
*
Stakeholder Management also focuses on continuous communication with stakeholders to understand their need and expectations, addressing issues as they occur, managing conflicting interests and fostering appropriate stakeholder engagement in project decisions and activities. The key is Stakeholder Satisfaction
*Source: PMBOK® p.391
Stakeholder Management
*
Stakeholder Management
*Source: PMBOK® p.71Project Management Process GroupsInitiatingPlanningExecutingMonitoring & ControllingClosingProject Integration
Knowledge
Area
Processes
Identify Stakeholders
Plan Stakeholder Management
Manage Stakeholder Engagement
Control Stakeholder Management
*
These are the Cost Management processes and their alignment with the PMBOK’s Process Groups. You do need to know these alignments.
Identify StakeholdersIdentify the groups and people who could impact your project or think your project will impact them.Identify Stakeholder needsIdentify what you need from these Stakeholders
Relevant Information
Support
Interests
Involvement
Interdependence
Dependence
Influence
*Source: PMBOK® p.391
*
Plan Stakeholder EngagementThe process of developing appropriate management strategies to effectively engage stakeholders throughout the project life cycle.
The Key is to provide a clear, actionable plan to interact the stakeholders to support the projects interest.
*Source: PMBOK® p.399
*
Manage Stakeholder EngagementThe process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur and foster appropriate stakeholders engagement in project activities throughout the project life cycle.
*Source: PMBOK® p.404
*
Control Stakeholder EngagementThe process of monitoring overall project stakeholders relationsips and adjusting strategies and plans for engaging stakeholders.
The key benefit is to increase efficiency and effectiveness.
*Source: PMBOK® p.404
*
Project Stakeholder Management
*
Project Stakeholder Management
Understand your Stakeholders and their Influencers and how interested Enablers can help you with your project.
*
Stakeholder Analysis Table Example
Name
Role
Why are they Important?
Rank (where in the Matrix)
Current attitude
What we would like them ...
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3. Project stakeholder management
• Project Stakeholder Management includes the processes required to
identify the people, groups, or organizations that could impact or be
impacted by the project, to analyze stakeholder expectations and
their impact on the project, and to develop appropriate
management strategies for effectively engaging stakeholders in
project decisions and execution.
• Stakeholder management also focuses on continuous
communication with stakeholders to understand their needs and
expectations, addressing issues as they occur, managing conflicting
interests and fostering appropriate stakeholder engagement in
project decisions and activities. Stakeholder satisfaction should be
managed as a key project objective.
4. Project stakeholder management
(According to PMBOK 5th Edition)
• It includes four processes:
• Identify Stakeholders
• Plan Stakeholder Management
• Manage Stakeholder Engagement
• Control Stakeholder Engagement
5. 1. Identify Stakeholders
• The process of identifying the people, groups, or
organizations that could impact or be impacted by a
decision, activity, or outcome of the project; and
analyzing and documenting relevant information
regarding their interests, involvement,
interdependencies, influence, and potential impact
on project success.
9. stakeholders
• Project stakeholders are persons or organizations such as customers, sponsors,
the performing organization, and the public that are actively involved in the
project, or whose interests may be positively or negatively affected by the
execution or completion of the project.
• Stakeholder analysis
- identify all potential project stakeholders
- identify the potential impact or support each stakeholder could generate
- assess haw key stakeholders are likely to respond in various situations.
• Stakeholder register
- identification information
- assessment information
- stakeholder classification
10. Stakeholders
Classification
• Classify to PRIORITIZE
key stakeholders and
utilize efforts. Example
of classification
models ITEMS:
1. Power = authority
2. Interest = concern
3. Influence =
involvement
4. Impact = ability to
affect planning or
execution
Se we could use,
power/interest,
power/influence,
influence/impact,
Or salience model:
power + urgency +
legitimacy
11.
12. Stakeholder Analysis
Salience Model, describing classes of
stakeholder based on their:
• Power (ability to impose their will),
• Urgency (need for immediate attention), and
• Legitimacy (their involvement is appropriate).
14. Stakeholder Register
Details of the
Name Amgad Omar identified
Role (in project) Management Partner Investor stakeholders.
Org Performing org N/A Such as:
Country manager SponsorTitle
1. Identification
Contact Info amgad@perf.org 010-9876543
info
Country Saudi Egypt
2. Classification
Native Language Arabic Arabic
3. AssessmentOther Languages English English
informationMarketing reports Dividends InfoRequirements
Expectations Weekly, Email, Brief Pers. notification
Potential Influence High Extremely High
Phase(s) Interested in Execution & Closure Execution
Classification Internal, Supporter Internal, neutral
15. 2.Plan Stakeholder Management
• The process of developing appropriate
management strategies to effectively engage
stakeholders throughout the project life cycle,
based on the analysis of their needs, interests, and
potential impact on project success.
16. Analytical Techniques
• The current engagement level of all stakeholders needs to be
compared to the planned engagement levels required for successful
project completion. Stakeholder engagement throughout the life
cycle of the project is critical to project success.
• The engagement level of the stakeholders can be classified as follows:
– Unaware. Unaware of project and potential impacts.
– Resistant. Aware of project and potential impacts and resistant to
change.
– Neutral. Aware of project yet neither supportive nor resistant.
– Supportive. Aware of project and potential impacts and
supportive to change.
– Leading. Aware of project and potential impacts and actively
engaged in ensuring the project is a success.
18. 3.Manage Stakeholder Engagement
• The process of communicating and working with
stakeholders to meet their needs/expectations,
address issues as they occur, and foster appropriate
stakeholder engagement in project activities
throughout the project life cycle.
19. Change Log
• A change log is used to document changes that occur
during a project.
• These changes—and their impact on the project in
terms of time, cost, and risk—are communicated to
the appropriate stakeholders.
20. Communication methods
• Interactive communications
• Push communications
• Pull communications
(the project manager decides what, how, and when communication methods are
to be used in the project)
21. Interpersonal Skills
• The project manager applies interpersonal
skills to manage stakeholders’ expectations.
For example:
– Building trust,
– Resolving conflict,
– Active listening, and
– Overcoming resistance to change.
22. Management Skills
• The project manager applies management
skills to coordinate and harmonize the group
toward accomplishing the project objectives.
For example:
– Facilitate consensus toward project objectives,
– Influence people to support the project,
– Negotiate agreements to satisfy the project needs,
and
– Modify organizational behavior to accept the
project outcomes.
23. Issue Log
• Issue log or action-item log can be used to document and
monitor the resolution of issues.
• An issue is clarified and stated in a way that it can be resolved.
• An owner is assigned and a target date is usually established
for closure.
• Unresolved issues can be a major source of conflict and
project delays.
25. 4.Control Stakeholder Engagement
• The process of monitoring overall project
stakeholder relationships and adjusting strategies
and plans for engaging stakeholders.
26.
27. Information Management Systems
• An information management system provides a standard
tool for the project manager to capture, store, and
distribute information to stakeholders about the project
cost, schedule progress, and performance.
• It also allows the project manager to consolidate reports
from several systems and facilitate report distribution to
the project stakeholders. Examples of distribution formats
may include table reporting, spreadsheet analysis, and
presentations.
• Graphical capabilities can be used to create visual
representations of project performance information.