Stakeholder Management

Question 1

• You mention in your submission you understand the importance of stakeholder management. Please explain this?

Answer 1

It helps to reduce and remove potential cost increases, also helps to decrease conflicts helps identify potential project difficulties

Question 2

• You also mention that this can reduce cost. Can you provide an example of where you have done this?

Answer 2

Yes on my google project keeping stakeholders in America involved meant we didn’t have any issues with the design or late variations/instructions.

Question 3

• What is a RACI table and why are they used

Answer 3

Responsibility, accountability, consulted and informed

Question 4

• How do you establish the level of influence a stakeholder has on a project.

Answer 4

Using a RACI

Question 5

• What document would you draft for your client in relation to stakeholders

Answer 5

Stakeholder engagement plan

Question 6

• Why is it important to understand who the stakeholders are on projects. What could happen if you ignored this?

Answer 6

Could be a cost increase

Question 7

• Can you provide me with 4 external stakeholders on your google project and how they impacted the project.

Answer 7

We didn’t have 4 external stakeholders but the others within the building, and Landsec building landlord

Question 8

• Is the Local Authority a stakeholder in construction.

Answer 8

Yes