It is surprisingly easy to forget about a minor project stakeholder who then exercises a disproportionately large influence over the project's success after they feel like they haven't been adequately consulted. It happens on countless projects every day. For this reason, project stakeholder management is used to obtain, or maintain, stakeholder support for the … [Read more...]
All projects have stakeholders. If they didn't, the project wouldn't exist. As a minimum, the project sponsor is a stakeholder who is expecting to receive the project's deliverables. Usually there are expectations to receive them at a certain time, cost, quality level, or other criteria as well. The project manager must know who the stakeholders are and actively … [Read more...]
In 2005, when Airbus was in the development phase of the A380 Superjumbo, they announced a delay in the delivery of the first jet due to internal software issues. One year later, another delivery delay was announced. This time, however, several executives lost their jobs as the share price tumbled 26%. Could the delay have been avoided? Maybe, but this demonstrates … [Read more...]
The project sponsor is a very important part of the project management organizational chart. In fact, every project has a sponsor. The project sponsor is one, and only one, level above the project manager. They do not manage the day to day operations of the project but they ensure the resources are in place, promote the project, and hold overall responsibility for the … [Read more...]
Projects don't manage themselves. Professional project management requires the development of a plan that outlines how it will be managed. According to the Project Management Body of Knowledge (section 4.2), the project management plan fulfills this purpose. Although it includes any and all items that define the management of the project, there are certain standard … [Read more...]
Monitor Stakeholder Engagement is the 4th out of four processes within the Project Stakeholder Management knowledge area within the Project Management Body of Knowledge (PMBOK). It occurs within the Monitoring & Controlling process group. The inputs, tools & techniques, and outputs are as follows: Monitor Stakeholder Engagement is the process … [Read more...]
All projects have stakeholders. As a minimum, the project sponsor who initiated the project expects some type of deliverable. In addition, customers and end users are anxiously awaiting the completion of the product, and the project team is eager to use their skills to produce it. Hence, project success is largely defined by the stakeholders. The goal of … [Read more...]
A common problem we used to have on many of our projects was with a certain regulatory body. They were very slow, and you never knew how long the project would be delayed before they even began their review. The frustrating thing wasn't even so much when they came back with required changes or additional information, but when they didn't! I mean, you'd wait an … [Read more...]
Although projects span a huge spectrum from big to small, innovative to routine, and technical to repetitive, there is in fact a standard project organization chart within which all projects fall. With the exception of a few variable parts all project fit into a standard mold. According to project management theory, each member of a project is, in fact, very well … [Read more...]
A common problem we used to have on many of our projects was with a certain regulatory body. They were very slow, and you never knew how long the project would be delayed before they even began their review. The frustrating thing wasn't even so much when they came back with required changes or additional information, but when they didn't! I mean, you'd wait an … [Read more...]
