13 Flashcards
It 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.
Project Stakeholder Management
The process of identifying project stakeholders regularly and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success.
Identify Stakeholders
The process of developing approaches to involve project stakeholders based on their needs, expectation, interests, and potential impact on the project.
Plan Stakeholder Engagement
The process of communicating and working with stakeholders to meet their needs and expectations, address issues, and foster appropriate stakeholder engagement involvement.
Manage Stakeholder Engagement
The process of monitoring project stakeholder relationships and tailoring strategies for engaging stakeholders through the modification of engagement strategies and plans.
Monitor Stakeholder Engagement
The key benefit of this process is that it enables the project team to identify the appropriate focus for engagement of each stakeholder or group of stakeholders. This process is performed periodically throughout the project as needed.
Identify Stakeholders
This process frequently occurs for the first time in a project either prior to or at the same time the project charter is developed and approved. It is repeated as necessary, but should be performed at the start of each phase and when a significant change in the project or the organization occurs.
Identify Stakeholders
Activity that results in a list of stakeholders and relevant information such as their positions in the organization, roles on the project, “stakes,” expectations, attitudes (their levels of support for the project), and their interest in information about the project.
Stakeholder analysis
Each of these techniques supports a grouping of stakeholders according to their level of authority (power), level of concern about the project’s outcomes (interest), ability to influence the outcomes of the project (influence), or ability to cause changes to the project’s planning or execution.
Power/interest grid, power/influence grid, or impact/influence grid
This is a refinement of the grid models previously mentioned. This model combines the grid elements into a three-dimensional model that can be useful to project managers and teams in identifying and engaging their stakeholder community.
Stakeholder cube
Describes classes of stakeholders based on assessments of their power (level of authority or ability to influence the outcomes of the project), urgency (need for immediate attention, either time-constrained or relating to the stakeholders’ high stake in the outcome), and legitimacy (their involvement is appropriate).
Salience model
Classifies stakeholders according to their influence on the work of the project or the project team itself. Stakeholders can be classified in the following ways: upward, downward, outward or sideward.
Directions of influence
This document contains information about identified stakeholders that includes but is not limited to: Identification information, Assessment information and Stakeholder classification
Stakeholder Register
The key benefit is that it provides an actionable plan to interact effectively with stakeholders.
Plan Stakeholder Engagement
It supports comparison between the current engagement levels of stakeholders and the desired engagement levels required for successful project delivery. The engagement level of stakeholders can be classified as follows: Unaware, Resistant, Neutral, Supportive or Leading
Stakeholder engagement assessment matrix