Search

 
   

Project Stakeholders

 

 

 

 

"To be successful, a project must have an agreement among the project stakeholders – the team, customer, and management – on the goals of the project."

~ Eric Verzuh, The Fast Forward MBA in Project Management

 

Project Management

Two Approaches

4 Categories of Projects

 

 

 

Agile Project Management

High involvement between team members and stakeholders ensures the final product aligns with user needs... More

 

AImpowerment

AI MAGic

Human-AI Synergy

 

 

 

   

Identifying Stakeholders

Identifying stakeholders is a primary and an ongoing task because all the important decisions during the initiation, planning and execution stages of the project are made by these stakeholders.  

The five primary project stakeholders are the project leader, the project team, the functional management, the sponsor, and the customer. In a larger sense, anyone who participates in the project or is impacted by its results is a stakeholder. Each stakeholder has an essential contribution to make and all stakeholder expectations need to be met.

 

 

 

 

As a project leader, your primary task is to lead and manage people. "Satisfy stakeholders!" is the project manager's mantra. For successful projects, it's not enough to deliver on the customer's demand; projects have to meet all stakeholder expectations. Contribution made by different people to the project is the principal criteria for identifying stakeholders.

 

 

   

Stakeholders in Project Management

Project leader (or project manager) – the head of the project; defines, plans, controls, and leads the project.
Project team members – produce the outputs (deliverables) for the project; participate in the project management process; contribute their skills and effort to perform tasks.

Sponsor (or upper manager) – the person with formal authority who is ultimately responsible for the project; oversees the project; acts as a liaison between the upper management team and the project leader; provides authority, guidance, and maintains project priority.

Project customer – the person or group whose needs and requirements drive the project; receives the final output(s) that the project produces; provides product requirements and funding.

Functional managers (also known as resource managers or line managers) – provide company policy an resources, particularly people who are involved in the project

 

 

 

 

 

Project Communication

A project communication plan is the written strategy for getting the right information to the right project stakeholders at the right time. Each stakeholder has different requirements for information as they participate in the project in different ways. Preplanning can reduce the work of communication... More

 

Business Systems approach to PM

Radical PM

Key Documents

Status Reports

Visibility Room