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¶ … components of successful project management is the ability of managers to effectively assess the concerns of various stakeholders, or those parties with a vested interest in the project, while balancing those concerns with the project's primary priorities. Cultivating positive relationships with the stakeholders whose lives a project may affect is an extremely useful skill to develop as a project manager, and the external resource entitled Your Role in Building Stakeholder Relationships which was received during this course served to emphasize this point. This handout presented a training module for council members tasked with guiding the University of Missouri Extension project, observing that "a stakeholder is someone who is involved with an organization and therefore has responsibilities towards it and an interest in its success" before reminding council members to "understand their role in: establishing and maintaining positive relationships with Extension's stakeholders,...
While the importance of recognizing and reacting to stakeholder input has been covered exhaustively by project management researchers, an article published in 2008 by Marjolein C. Achterkamp and Janita F.J. Vos refocused its analysis on the specific roles that key stakeholders are capable of playing within the overall project management process.
The comprehensive empirical review contained within the article Investigating the Use of the Stakeholder Notion in Project Management Literature, A Meta-Analysis examines a total of forty-two publications in a meta-analysis of how stakeholder's roles are perceived by project managers. As the authors of the article state explicitly in their introduction, "this article reports the findings of a meta-analysis of these publications (to) show the lack of attention paid to conceptualizing the stakeholder…
References
Achterkamp, M.C., & Vos, J.F.J. (2008). Investigating the use of the stakeholder notion in project management literature, a meta-analysis. International Journal of Project Management, 26, 749-757. Retrieved from http://dychen1981.cai.swufe.edu.cn/teaching/Project%20Management/%CF%EE%C4%B F%B9%DC%C0%ED/Project%20Management.Data/PDF/stakeholder- 2260649216/stakeholder.PDF
Brambaugh, W. University of Missouri Extension, (2005).Your role in building stakeholder relationships. Columbia, MO: Missouri Extension County Council Leadership Council
North Lincolnshire Council Case: Successful Project Management Strategies and Practices at Work Summary of the Case The North Lincolnshire Council operates over a fairly wide geographic area (eighty-five thousand hectares) and provides a wide array of services to the public out of more than one-hundred different locations, and with a staff of more than seven thousand individuals (Case Study). Given the size and scope of the North Lincolnshire Council and its
Project Management Emerging markets continue to be a promising area for many of America's most beloved companies such as Coca-Cola, Apple and more. This bodes well for project managers in the digital age as the expand operations overseas. However, as these companies become more global, the risk associated with their operation becomes more important. Understanding gender, ethnic and cultural differences can have a profound impact on the overall success of a
(Braunschweig; Day, 150) Most of the current generation of project managers expects the project management tools to furnish them with almost real-time knowledge in order to facilitate their decision-making. Some of these tools like DOFF, "Field of the Future," "Smart Fields," Microsoft's "Oilfield Connectivity" and i-Fields are currently being examined by exploration and production oil companies. Some of these tools have the capability of generating information from apparently incongruent data
It is essential to determine the critical path and shortest and long paths based on the allocated time. The network diagram for the wedding planning project also provides an understanding about the activities in the sequence they are required to be performed. It is observed that family task is preceded with invitations Lists and on the basis of this activity invitations are posted. The booking of the ceremony is also
Project Management Customer Requirements Being able to offer customization of tablet PCs and laptops to enterprises and small businesses, all configurable online and at low costs, will successfully differentiate Libertad from the many potential competitors it make encounter in the future. Time-to-market and the tight orchestration of the new product development and introduction (NPDI) process is also critically important to the success of Libertad's business model. CRM systems often act as the
Project Management prioritizing projects d.D. WILLIAMSON Prioritizing Projects at D.D. Williamson Prioritizing Projects at D.D. Williamson As seen from the second chapter, Williamson could have reaped more benefits from project management team through proper training. Miscommunication and disorganization appeared to be the significant issues bedeviling the project (Kloppenborg & Nkomo, 2012). Planning and research formed critical tools for success of the project coupled with the incorporation of strong management skills. Firms work on numerous