Stakeholders Flashcards
1
Q
- You are efficaciously managing a business automation project, and most of the
deliverables were delivered on time by the team members. This project is extremely
critical as it will drastically cut down the time and cost of regular business activities for
several departments. Stakeholders and customers have articulated their satisfaction
with the project, but you were also criticized for the number of changes made in the
project. Which of the following is the MOST likely cause of the project problem?
A. You failed to identify some of the key stakeholders in your project.
B. You should have more project management training and experience.
C. Change Control Board (CCB) members approved almost all of the change requests.
D. The project should have had a better change control system.
A
- A: The root cause of the significant number of changes in the project is that some of the key stakeholders were not identified and their requirements were not captured. These missing stakeholders have submitted several change requests to accommodate their needs. Nothing in this scenario advocates that the project manager does not have the required project management training and experience. A vigorous change control board will be efficiently evaluating the change requests to approve or reject them, but they cannot really help with the number of changes a project will have.
2
Q
- You are in the Monitor Stakeholder Engagement process of evaluating and monitoring
overall stakeholder relationships and ensuring stakeholders’ appropriate engagement in
the project by adjusting plans and strategies as required. Which one of the following is
an important input to the Monitor Stakeholder Engagement process?
A. Customer register
B. Project charter
C. Change control log
D. Issue log
A
- D: The issue log is an important input to the Monitor Stakeholder Management process as a project document. An issue is an obstacle that threatens project progress and can block the team from achieving its goals. An issue log is a written log document to record issues that require solutions.
3
Q
- You are in the Plan Stakeholder Management process of defining an approach to
manage stakeholders throughout the entire project life cycle as per their interest,
impact, importance, and influence over the project. Which of the following is an input to this Plan Stakeholder Management process?
A. Impact/power grid
B. Stakeholder register
C. Stakeholder engagement assessment matrix
D. Conflict log
A
- B: The stakeholder register is an input to the Plan Stakeholder Management process as a project document.
4
Q
4. You are in the Manage Stakeholder Engagement process and are focused on meeting and exceeding the stakeholders’ expectations by continuously communicating with them, clarifying and resolving their issues, addressing their concerns, and improving project performance by implementing their change requests. Which of the following is a tool & technique used in this process? A. Interpersonal skills B. Change log C. Issue log D. Stakeholder management plan
A
- A: An interpersonal skill is a crucial tool & technique used in the Manage Stakeholder
Engagement process.
5
Q
- You are assigned as a project manager for one of the most imperative and strategic
projects in your organization. As the stakeholders will play a vital role in the success of
your project, you are trying to identify all your internal and external stakeholders. In
which project management process group will you identify stakeholders in your project?
A. Initiating
B. Initiating and planning
C. All process groups
D. Planning and monitoring & controlling
A
- C: Stakeholders can be identified throughout the project management process groups of initiating, planning, executing, monitoring & controlling, and closing. In order to determine the requirements and expectations of the stakeholders, they should be
identified and should be involved at the beginning of the project as much as possible.
If all the stakeholders’ needs and requirements are not taken into consideration prior to plan finalization, the results may be very expensive changes or dissatisfaction later in the
project.
6
Q
- You have been managing a government railway project and dealing with several
stakeholders. You have spent a considerable amount of time identifying all your internal and external stakeholders and their interest, influence level in your project, and their key
expectations. Managing stakeholder expectations is the responsibility of which party?
A. Since the project manager alone cannot manage all the stakeholders on a complex,
large project, the project manager and project team together are responsible for
managing stakeholders’ expectations.
B. Project sponsor, as this individual funds the project and has greater control over the
stakeholders.
C. Stakeholders should make sure that their expectations are managed appropriately
and that they receive the required information on the project as needed.
D. This is the responsibility of the project manager alone.
A
- D: The project manager is responsible for managing stakeholder expectations.
7
Q
- You have thirteen stakeholders in the construction project that you are overseeing.
Your initial study about these stakeholders tells you that most of them will actively
support your project to be successful, but you have a couple of stakeholders who may
deleteriously impact your project. There is one specific stakeholder you are particularly concerned about as he is known to be exceptionally critical about the way the project managers in the organization manage projects. He also has the reputation for requesting many changes in projects and antagonistically pursuing his demands. You realized that you need to be meticulous in dealing with this stakeholder and plan to take which of the following approaches:
A. Carefully eradicate the need of this stakeholder and remove him from the
stakeholder list.
B. Have a discussion with the stakeholder’s boss and find a way to make the
stakeholder support the project positively by not being too critical and aggressive.
C. Simply deal with the stakeholder and refuse his requests for changes.
D. Involve this stakeholder in the project as early as possible and work closely with him
throughout the project.
A
- D: The project manager simply cannot remove the stakeholder from the stakeholder list since he has a stake in the project. It will be best to involve this stakeholder in the project as early as possible and work closely with him throughout the project to understand his requirements and expectations and gain his constructive support.
8
Q
- A trustworthy, senior team member informs you that two of the stakeholders are very apprehensive about the ERP project you are overseeing. The first stakeholder is very panicky that once the ERP is implemented in his department a lot of people will lose their jobs. The second stakeholder is skeptical about the capability of the team to
implement such large, multifaceted project. As the project manager, what should you do
in this kind of situation?
A. Set up a meeting with these two stakeholders and discuss their concerns.
B. Report to the sponsor about these two stakeholders.
C. Set up a question-and-answer session about the project and invite all the
stakeholders.
D. You should send an official e-mail to the stakeholders asking them to direct any
queries about the project in writing to you.
A
- A: An informal verbal communication by setting up a meeting with these two stakeholders and discussing their concerns should be the best approach here. Reporting to the sponsor without much detail about these two stakeholders will not solve any real problem. Since not all stakeholders have concerns, setting up a question-and-answer session about the project with all the stakeholders will not be appropriate. Sending an official e-mail to the stakeholders asking them to direct any query on the project in writing to the project manager will most probably estrange them.
9
Q
- While analyzing stakeholders in your project, you identified one stakeholder who is
so formidable and influential that he forced the team to implement many of his last
minutes change requests in one of the previous projects. There is also a common
understanding that he used his influence to dismiss a very important project during
executing in the past. What will be your BEST course of action with such a persuasive
stakeholder?
A. Involve this stakeholder as little as possible in the project.
B. Involve this stakeholder from the very beginning and closely manage him.
C. Give highest priority to his expectations, concerns, and issues.
D. Get approval from the sponsor to remove this stakeholder from the project.
A
- B: The project manager simply cannot remove the stakeholder from the stakeholder list since he has a stake in the project. It will be best to involve this stakeholder in the project as early as possible and work closely with him throughout the project to understand his requirements and gain his constructive support
10
Q
- You are assigned as a project manager to implement an ERP solution for one of the
retailers in your area. Currently, you are working on identifying stakeholders and their
level of involvement, roles, and responsibilities. Who will be able to help the team the
MOST to identify what roles the stakeholders will play and how and what they will
contribute to the project?
A. The sponsor
B. Senior management
C. Functional managers
D. Stakeholders
A
- D: Stakeholders will be able to help the project manager and team members the most in identifying what roles they will play in the project. The project manager will decide how and what kind of contributions stakeholders will make in the project by discussing with team members, the sponsor, and stakeholders. The project manager should evaluate the knowledge and skill sets of stakeholders in order to identify stakeholders’ roles and have a discussion with them to make sure that they approve the roles.
11
Q
- Due to time and budget constraints, senior management decided not to include
the requirements of several stakeholders in a project. The project manager finalized
the project management plan, but encountered significant challenges in receiving
formal acceptance. The stakeholders were extremely upset and tried every possible
way to include their requirements in the project as it would take several years for the
organization to initiate another project to implement their desired functionalities. After
several attempts, the project was finally approved and initiated a couple of months ago. Which of the following preventive actions should the project manager NOT consider in this case?
A. Make sure that the stakeholders will not use the change control process as a mean to add their requirements.
B. Document what is out of scope and in scope in the project.
C. Review and confirm the requirements that will be out of scope in the project with
the stakeholders.
D. Develop a stakeholder register and stakeholder management strategy.
A
- C: As the project was approved and work was begun, the issue should not be a concern anymore. Having further meetings with the stakeholders will be excessive and will not add any real value.
12
Q
- Steve is trying to figure out whether a stakeholder is at an “unaware” state or not so
that he can identify required actions and communication needed to minimize the
gap between the desired and actual level of engagement of this stakeholder. Which
of the following is a tool to assess the current and desired state of engagement of a
stakeholder on the project?
A. Stakeholder analysis
B. Issue log
C. Stakeholder register
D. Stakeholder management plan
A
- A: Stakeholder analysis is a tool used to identify and document any actions needed to manage stakeholders.
13
Q
- You are reviewing the stakeholder management plan and communications
management plan and focusing on meeting and exceeding the stakeholders’
expectations by continuously communicating with them, elucidating and resolving
their issues, addressing their apprehensions, and improving project performance by
implementing their change requests. Which stakeholder management process are you
in at this time?
A. Monitor Stakeholder Engagement
B. Manage Stakeholder Engagement
C. Plan Stakeholder Management
D. Identify Stakeholders
A
- B: All these activities typically belong to the Manage Stakeholder Engagement process.
14
Q
- You are overseeing a web-based application project to automate the business process of one of your clients. You are working on identifying all the internal and external stakeholders who have interest in your project and can positively or negatively
impact your project. While identifying the stakeholders, you realize that stakeholder
identification is:
A. To be focused only on stakeholders who will contribute positively to your project:
B. To be completed in the initial stage of the project life cycle
C. A responsibility of the project sponsor
D. To be carried out throughout the project life cycle
A
- D: Stakeholder identification will persist throughout the project life cycle. As the project proceeds through each phase, additional stakeholders may become involved while others will be released from the project. Some stakeholders will be identified during the initiating phase in the project charter, while other stakeholders may only be interested in the end product and will be involved only at the closing phase.
15
Q
- Stakeholder management necessitates all of the following EXCEPT:
A. Giving stakeholder extras if needed to meet and exceed their expectations
B. Identifying both internal and external stakeholders
C. Assessing stakeholders’ skills, knowledge, and expertise
D. Identifying stakeholders’ influence-controlling strategies
A
- A: Giving stakeholder extras or gold plating should always be avoided. Gold plating is not the preferred way of meeting and exceeding stakeholders’ expectations.