0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What is stakeholder analysis?
Stakeholder analysis is the activity that helps us to gather and analyze information about the stakeholders of a Project. The 3 major steps in this process are: 1. Identify Stakeholders 2. Assess Stakeholders and 3. Classify Stakeholders
Who could represent project stakeholders?
Project stakeholders are individuals and organizations whose interests are affected (positively or negatively) by the project execution and completion. In other words, a project stakeholder has something to gain from the project or lose to the project. Accordingly, the stakeholders fall into two categories-positive stakeholders, who will normally benefit from the success of the project, and negative stakeholders, who see some form of disadvantage coming from the project. The implications obviously are that the positive stakeholders would like to see the project succeed and the negative stakeholder's would be happy if the project was delayed or even better cancelled.For ex: let us say, your state government wants to build a Government Hospital in your city. It is a good thing right? You, the citizens of your city and the chief minister are all positive stakeholders of this project. Lets say there is a private Hospital in the city that is having a thriving business currently. They would be negative stakeholders because, if the government hospital comes up, their business will be affected and hence they would be happy if the government scraps its project.Negative stakeholders are often overlooked by the project manager and the project team, which increases the project risk. Ignoring positive or negative project stakeholders will have a damaging impact on the project. Therefore, it's important that you, as the project manager, start identifying the project stakeholders early on in the project. The different project stakeholders can have different and conflicting expectations, which you need to analyze and manage.Identifying Project StakeholdersIdentifying all the project stakeholders might be a difficult task, but the following are the obvious stakeholders in any project:1. Project manager - Include yourself first. The project manager in charge of the project, in the list of the stakeholders to start with.2. Project management office (PMO) - If your organization has a PMO, and it is directly or indirectly responsible for the outcome of a project, then the PMO is a stakeholder in that project.3. Project team - This team consists of the project manager, the project management team, and the individuals who perform the work of the project to produce the project outcome. This team may consist of individuals from different groups and departments with different subject matter expertise and skills.4. Program manager - If your project is part of a program, then the program manager is certainly a stakeholder of your project.5. Portfolio managers - A portfolio manager is an individual who performs high-level management (governance) of a set of projects or programs and interfaces between the projects/programs and the business strategy of the organization for which the projects and programs are being run.6. Portfolio review board - A portfolio review board is a committee that selects and rejects the projects by reviewing them for factors such as the project value, return on investment, and risks involved in performing the project.7. Functional managers - These are the individuals who play the management roles within administrative or functional areas of the organization. For example, the VP of marketing is a functional manager and so is the director of engineering. The level of authority depends on their position in the hierarchy and also the organizational structure. For example, if you are using resources that are under a functional manager, that functional manager is a stakeholder of your project.8. Operational management - These are the individuals who are performing management roles in the operational areas of the organization. For example, the director of IT, who is responsible for maintaining the computer network that your team is using, is a stakeholder in your project. Depending on your project, you might be handing over the product of the project to an operations group that will be responsible for providing the long-term support for it.9. Sellers - Sellers are entities external to the performing organization, such as contractors and suppliers, who enter into a contractual agreement with the performing organization to provide certain components for the project. These components are the products, services, or results that you procure.10. Business Partners - Business partners are the external organizations that fill a specific role for the project, such as installing the product of the project, providing training and support for the product, or providing specialized expertise for the project. Business partners are different from vendors in that they have a special ongoing relationship with the organization, which sometimes is attained by satisfying some requirements, such as certifications.11. Customer/user - In general, customers are the entity that will acquire the project's outcome, such as product, and users are the entity that will use the product. In some cases the customers and users may be the same entity, and in other cases there may be a whole chain (with different layers) of customers and users.12. Project sponsor - This is the individual or group that provides financial resources for the project. A sponsor has a major stake in the project and may perform an active role in the project team from time to time.etc
What is the major problem in the Philippine's?
POVERTY
Who are the major stakeholders in refuses to sign UN Internet treaty?
help!
What are the major stakeholders in a local school community and their roles?
parents students
What is the relationship of Poverty in Out of school Youth.?
Poverty is the one major problems of Out of school Youth
Why do Capital market stakeholders have an interest in the company?
they provide major financing for the business.
what are the major causes of bad loans?
poverty is major cause of bad loan
Give at least 5 examples fo slogan about poverty?
poverty is the door,unity is the major key.
Significant Achievements made during the review period?
Implemented a new efficiency system that increased productivity by 20%. Launched a successful marketing campaign that resulted in a 30% increase in sales. Completed a major project ahead of schedule and within budget constraints. Received positive feedback from clients and stakeholders on project outcomes.
Major problem of the Philippines?
The top 1 problem of the Philippines is POVERTY.
What nasa project was a faliure?
The nasa project was not a failure. The nasa project was a major thing.
