Class 4 Project Stakeholders E-lecture.pptx - MEM 501...

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MEM 501 Project Management Class 4: Project Stakeholders Instructor: Dr Christopher Preece
Previous classes have introduced the topic of project management, teamwork and leadership. In this class we are going to consider in some detail the topic of project stakeholder management and analysis. Previously…. 2
Project Stakeholder Management Watch this video….. 3
Part One Learning objectives Importance of project stakeholders Projects often cause change Project management processes Part Two Idenifying stakeholders Additional stakeholders Stakeholder register Outline of Class 4
Part Three Classifying stakeholders Power/interest grid Stakeholder engagement levels Part Four Planning stakeholder management Sensitive information Managing stakeholder engagement Controlling stakeholder engagement Outline of Class 5
At the end of this class you should be able to; Understand the importance of project stakeholder management throughout the life of a project Describe the process of identifying stakeholders, how to create a stakeholder register, and how to perform a stakeholder analysis Understand the contents of a stakeholder management plan Learning Objectives 6
Understand the process of managing stakeholder engagement and how to use an issue log effectively Explain methods for controlling stakeholder engagement Appreciate types of social media and software available to assist in project stakeholder management Learning Objectives (cont’d) 7
Importance of project stakeholders Projects often cause change Project management processes Part One - Contents 8
Because stakeholder management is so important to project success, the Project Management Institute decided to create an entire knowledge area devoted to it as part of the Fifth Edition of the PMBOK ® Guide in 2013 The purpose of project stakeholder management is to identify all people or organizations affected by a project, to analyze stakeholder expectations, and to effectively engage stakeholders Importance of Project Stakeholder Management 9
Projects often cause changes in organizations, and some people may lose their jobs when a project is completed. Project managers might be viewed as enemies if the project resulted in job losses for some stakeholders By contrast, they could be viewed as allies if they lead a project that helps increase profits, produce new jobs, or increase pay for certain stakeholders In any case, project managers must learn to identify, understand, and work with a variety of stakeholders Projects Often Cause Change 10
Identifying stakeholders : Identifying everyone involved in the project or affected by it, and determining the best ways to manage relationships with them.

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