Stakeholder Analysis In The Context Of Project Management
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| Author | : Christian Lang |
| Publisher | : GRIN Verlag |
| Total Pages | : 19 |
| Release | : 2021-11-02 |
| Genre | : Computers |
| ISBN | : 3346527549 |
Seminar paper from the year 2009 in the subject Computer Science - Commercial Information Technology, grade: 1,3, Heilbronn University of Applied Sciences, language: English, abstract: Due to the change in our society from an industrial society to an information society, the number of projects in companies is increasing and at the same time their degree of complexity. This complexity of projects brings with it a number of problems. One of them is the number of stakeholders, which also increases as the size of the project increases. A stakeholder is a person or a group of people who are positively or negatively affected by the project or its product. In short, a person who has an interest in the project. Thus, as the number of stakeholders increases, so does the diversity of interests. When there is a diversity of interests, sooner or later conflicts will naturally arise. These conflicts can significantly jeopardise the success of the project. Stakeholder analysis is a way to deal with this problem. It is typically divided into the steps of identification, classification and assessment and is carried out either as part of a project environment analysis or as part of stakeholder management. Due to the importance of stakeholders and their incongruent interests with regard to the project, as described above, it is obvious that a stakeholder analysis is a critical success factor for projects. Based on the results of three studies from 2006-2008 by the German Association for Project Management (Deutsche Gesellschaft für Projektmanagement e.V., GPM). (GPM), this was examined for its truth content. The thesis could not be easily proven. Although the results of the studies suggest a high importance of communication in the project and of stakeholder management, it cannot be concluded beyond doubt that stakeholder analysis is a critical success factor for projects. Nevertheless, it can at least be recognised that stakeholder analysis plays a weighty role for recognised critical success factors such as project communication or stakeholder management. Stakeholder analysis lays the foundation here.
| Author | : Pernille Eskerod |
| Publisher | : Routledge |
| Total Pages | : 161 |
| Release | : 2016-12-19 |
| Genre | : Business & Economics |
| ISBN | : 1351908383 |
Carrying out a project as planned is not a guarantee for success. Projects may fail because project management does not take the requirements, wishes and concerns of stakeholders sufficiently into account. Projects can only be successful through contributions from stakeholders. And it is the stakeholders that evaluate whether they find the project successful - an evaluation based on criteria that go beyond receiving the project deliverables. More often than not, the criteria are implicit and change during the project course. This is an enormous challenge for project managers. The route to better projects, say Pernille Eskerod and Anna Lund Jepsen, lies in finding ways to improve project stakeholder management. To manage stakeholders effectively, you need to know your stakeholders, their behaviours and attitudes towards the project. The authors give guidance on how to adopt an analytical and structured approach; how to document, store and retrieve your knowledge; how to plan your stakeholder interactions in advance; and how to make your plans explicit, at the very least internally. A well-conceived plan can prevent you from being carried away in the ’heat of the moment’ and help you spend your limited resources for stakeholder management in the best way. To make this plan, you need to agree on the objectives of your stakeholder strategy and ways to achieve them. Project Stakeholder Management offers tactics and tools founded on established marketing communications theory as well as strategic management for doing just that. This book is part of Gower’s Fundamentals of Project Management Series.
| Author | : Temba Munsaka |
| Publisher | : |
| Total Pages | : 20 |
| Release | : 2013-12 |
| Genre | : |
| ISBN | : 9783656553281 |
Seminar paper from the year 2013 in the subject Business economics - Business Management, Corporate Governance, Atlantic International University, language: English, abstract: Contemporary project management recognizes the importance of stakeholder involvement in project initiation, planning and execution. This is particularly so as stakeholder's interests, involvement and expectations all influence project execution as well as its impact. Project management is the planning, organizing, directing and controlling of resources for a relatively short-term objective that has been established to complete specific goals and objectives . Stakeholders refers to any individuals, groups, or institutions who have a vested interest in the natural resources of the project area and who potentially will be affected by project activities and have something to gain or lose if conditions change or stay the same . Thus in the context of project management, stakeholders are all those who need to be considered in achieving project goals and whose participation and support are crucial to its success. Stakeholders can be internal to the project or external. The major stakeholders in project management are the project managers, project team, sponsors of the project, customers or project beneficiaries, government, local communities among others. In project management, stakeholders are identified through stakeholder analysis. Stakeholder analysis identifies all primary and secondary stakeholders who have a vested interest in the issues with which the project or policy is concerned . The main aims of stakeholder analysis are to identify the interests of stakeholders and potential areas of conflict as well as ways to reduce negative impacts on vulnerable and disadvantaged groups . The importance of stakeholders is in project management is evident at different levels. Firstly, it gives the concerned people say over how projects may affect their lives. Secondly, it is essential for project sust
| Author | : Louise M. Worsley |
| Publisher | : Business Expert Press |
| Total Pages | : 199 |
| Release | : 2020-10-08 |
| Genre | : Business & Economics |
| ISBN | : 1952538777 |
This book provides a stakeholder-centered analysis of projects and explains which identification, analysis, communication, and engagement models are relevant to different types of projects. If stakeholders matter, then they must make a difference in the way we plan structure and execute projects. Do they matter on your projects? This book provides a stakeholder-centered analysis of projects and explains which identification, analysis, communication, and engagement models are relevant to different types of projects: from an office move to IT enterprise change to transformational business change and complex social change. Using case studies from around the world, it illustrates what goes wrong when stakeholders are not engaged successfully and what lessons we can learn from these examples. In this second edition, we also look at the impact of Agile practices on the stakeholder management process. What changes in approach can we anticipate, and what practices must continue regardless of the product development life cycle adopted? Key models introduced include: Role-based and agenda-based stakeholders; The stakeholder-neutral to stakeholder-led project continuum; The extended stakeholder management process; Purposeful communication—the six whys model for communication; The principles of stakeholder engagement; Stakeholder engagement in an agile world.
| Author | : Professor Anna Lund Jepsen |
| Publisher | : Gower Publishing, Ltd. |
| Total Pages | : 121 |
| Release | : 2013-02-28 |
| Genre | : Business & Economics |
| ISBN | : 1409484467 |
Carrying out a project as planned is not a guarantee for success. Projects may fail because project management does not take the requirements, wishes and concerns of stakeholders sufficiently into account. Projects can only be successful through contributions from stakeholders. And in the end, it is the stakeholders that evaluate whether they find that the project is a success. To manage stakeholders effectively, you need to know your stakeholders, their behaviours and attitudes towards the project. In Project Stakeholder Management, the authors give guidance on how to adopt an analytical and structured approach; how to document, store and retrieve your knowledge; how to plan your stakeholder interactions in advance; and how to make your plans explicit, at the very least internally. A well-conceived plan can prevent you from being carried away in the ‘heat of the moment’ and help you spend your limited resources for stakeholder management in the best way.
| Author | : Massimo Pirozzi |
| Publisher | : Taylor & Francis |
| Total Pages | : 189 |
| Release | : 2019-09-30 |
| Genre | : Business & Economics |
| ISBN | : 0429591756 |
The Stakeholder Perspective places people at the center of both projects and project management. It gives to the project management community a helpful, innovative, stakeholder-centered approach to increase projects’ delivered value and success rate. It presents a logical model also called the "Stakeholder Perspective," which acts as the reference point in a structured path to effectiveness. Starting from the analysis of a project’s stakeholders, the model integrates both rational and relational innovative approaches. Its continuous focus on stakeholder requirements and expectations helps to set a proper path, and to maintain it, in order to target success and to achieve goals in a variety of projects with different size and complexity. The book presents a set of innovative and immediately applicable techniques for effective stakeholder identification and classification, as well as analysis of stakeholder requirements and expectations, key stakeholders management, stakeholder network management, and, more generally, stakeholder relationship management. The proposed stakeholder classification model consists of just four communities, each one based on the commonality of main interests and behavior. This model features an accurate and stable identification process to increase effective communication and drastic reduce relationship complexity. A systemic approach is proposed to analyze both stakeholder requirements and expectations. The approach aids in detecting otherwise unclear stakeholder requirements and/or hidden stakeholder expectations. An interactive communication model is presented along with its individual and organizational frames of reference. Also presented are relevant cues to maximize effective and purposeful communication with key stakeholders as well as with the stakeholder network. The importance of satisfying not only the project requirements but also the stakeholder expectations is demonstrated to be the critical success factor in all projects. An innovative approach based on the perceived value and key performance indicators shows how to manage different levels of project complexity. The book also defines a complete structured path to relationship effectiveness called "Relationship Management Project," which can be tailored to enhance stakeholder and communication management processes in each one of the project management process groups (i.e. initiating, planning, executing, monitoring and controlling, and closing). The book concludes with a look ahead at Project Management X.0 and the stakeholder-centered evolution of both project and portfolio management.
| Author | : Fran Ackermann |
| Publisher | : SAGE |
| Total Pages | : 377 |
| Release | : 2011-08-24 |
| Genre | : Business & Economics |
| ISBN | : 1446250016 |
′Demystifies strategy making while at the same time deepening our understanding of what the process entails. Their work is a marvellous guide for those striving to make sense of complexity′ - Karl E. Weick, Rensis Likert Distinguished University Professor of Organizational Behavior and Psychology, University of Michigan ′This book is at the very cutting edge of strategic management theory and yet also of immense practical use. It is truly a rare and stunning achievement′ - John M Bryson, McKnight Presidential Professor of Planning and Public Affairs, Hubert H. Humphrey Institute of Public Affairs, University of Minnesota ′Using this book enabled me to facilitate a multicultural team of seven managers so that they very quickly got to grips with the challenges and opportunities facing the organization and developed a realistic workable strategy, whilst at the same time building a real sense of team cohesion and the feeling that individuals had been listened to′ - Alison Devine, Director, British Council, Taipai This lucid and highly-accessible text addresses the challenges of how to build a robust and implementable strategy. Strategy making is seen as something relevant to managers of departments, divisions, SME′s, as well as the top management teams of public and for-profit organizations. Four key routes to creating a strategy are discussed. These routes, when taken together, provide a powerful means for agreeing a negotiated strategy, and comprise: strategic issue management, agreeing organizational purpose, competitiveness from the exploitation and protection of distinctiveness, and the strategic management of stakeholders. The designs have been used extensively, in a wide range of countries, by management teams in all types of organisations.
| Author | : Iliyana Stareva |
| Publisher | : John Wiley & Sons |
| Total Pages | : 188 |
| Release | : 2018-04-16 |
| Genre | : Business & Economics |
| ISBN | : 1119462274 |
The digital era’s new consumer demands a new approach to PR Inbound PR is the handbook that can transform your agency’s business. Today’s customer is fundamentally different, and traditional PR strategies are falling by the wayside. Nobody wants to feel “marketed to;” we want to make our own choices based on our own research and experiences online. When problems arise, we demand answers on social media, directly engaging the company in front of a global audience. We are the most empowered, sophisticated customer base in the history of PR, and PR professionals must draw upon an enormous breadth of skills and techniques to serve their clients’ interests. Unfortunately, those efforts are becoming increasingly ephemeral and difficult to track using traditional metrics. This book merges content and measurement to give today’s PR agencies a new way to build brands, evaluate performance and track ROI. The ability to reach the new consumer, build the relationship, and quantify the ROI of PR services allows you to develop an inbound business and the internal capabilities to meet and exceed the needs of the most demanding client. In this digital age of constant contact and worldwide platforms, it’s the only way to sustainably grow your business and expand your reach while bolstering your effectiveness on any platform. This book shows you what you need to know, and gives you a clear framework for putting numbers to reputation. Build brand awareness without “marketing to” the audience Generate more, higher-quality customer or media leads Close the deal and nurture the customer or media relationship Track the ROI of each stage in the process Content is the name of the game now, and PR agencies must be able to prove their worth or risk being swept under with obsolete methods. Inbound PR provides critical guidance for PR growth in the digital era, complete with a practical framework for stimulating that growth.
| Author | : Project Management Institute |
| Publisher | : Project Management Institute |
| Total Pages | : 195 |
| Release | : 2013-08-01 |
| Genre | : Business & Economics |
| ISBN | : 1628250976 |
Managing Change in Organizations: A Practice Guide is unique in that it integrates two traditionally disparate world views on managing change: organizational development/human resources and portfolio/program/project management. By bringing these together, professionals from both worlds can use project management approaches to effectively create and manage change. This practice guide begins by providing the reader with a framework for creating organizational agility and judging change readiness.
| Author | : Pieter Svensson |
| Publisher | : tredition |
| Total Pages | : 104 |
| Release | : 2023-10-08 |
| Genre | : Business & Economics |
| ISBN | : 3384036042 |
The ability to effectively manage stakeholders is typically the determining factor in the success of a project in the expansive field of project management. This book provides the necessary tools and a firm foundation for mastering interactions with all project stakeholders. You will be well-equipped to execute your activities efficiently if you have access to distinct concepts and examples of best practices.
