A RACI Chart (pronounced "racy") is a visual representation of the responsibilities of a project. RACI stands for Responsible - Accountable - Consulted - Informed. It is an excellent way to communicate what the responsibilities of each member of the project team are. In a RACI chart, each project task is assigned to each project member within the project … [Read more...]
Project Management Tools of the Trade
Carpenters have hammers, plumbers have wrenches, and programmers have computers. But does a project manager have any tools which help them perform their work better, quicker, or cheaper? Absolutely! In fact, if you don't use these tools you will be at a serious disadvantage to other project managers. And if you do, your career will see an order of … [Read more...]
The PMBOK’s Monitor Stakeholder Engagement Process
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...]
3 Types of Stakeholder Matrix
A stakeholder matrix is a project management tool used to analyze a project stakeholder to determine the actions which are necessary to align their goals with the project. There are several different types of stakeholder matrices: Power Interest matrix Stakeholder analysis matrix Stakeholder Engagement Assessment matrix Power-Interest Matrix In a … [Read more...]
How to Perform a Stakeholder Analysis
Stakeholders are to a project like players are to a team. Having the best players is one of the easiest ways to win the game, but strategy and tactics led by the coach (project manager) can go a long ways. Thus, successful projects know who their stakeholders are and what motivates them. That's where stakeholder analysis comes in. Stakeholder … [Read more...]
Guide to Stakeholder Management
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...]
12 Project Stakeholders (And What They Want)
All projects have stakeholders. As a minimum, the project sponsor who initiated the project is a stakeholder who expects a deliverable from the project. At first glance, the project's stakeholders might be obvious, for example a government approval, or an adjacent landowner that is affected by a construction project. But these main stakeholders are seldom the … [Read more...]
Knowing Your Project Stakeholders
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...]
The Generic Project Organization Chart
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...]
Day 7: Identify your Project Stakeholders
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...]