Project managementLesson 1 of 4 in the course Stakeholders and methodologies

Project Stakeholders: Identification and Prioritization

5 flashcards · 5 quiz questions · 5 match pairs · 5 fill-in sentences · English

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Summary

Project stakeholders are the people and organizations connected to a project and its outcomes. Understanding who they are—and how they may influence or be affected by the work—is essential to planning, decision-making, and managing change.

A project stakeholder is an individual, group, or organization that may affect a project, be affected by it, or believe that it may be affected by a project decision, activity, or outcome. The Project Management Institute (PMI) uses this broad definition, and ISO 21500 uses a similar one.

All flashcards

What is a project stakeholder?
An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a project's decisions, activities, or outcomes.
Can stakeholders be outside the project team?
Yes. Customers, communities, senior managers, resource managers, subcontractors, and consultants can be stakeholders even if they do not work directly on the project team.
Why is stakeholder management important to perceived project success?
Stakeholders, especially beneficiaries of project outcomes, help shape whether a project is seen as successful. Their interests and experiences may matter even when the planned output is delivered.
What three factors does the Stakeholder Circle use to assess importance?
Power is the ability to influence decisions or outcomes; proximity is closeness to the project; and urgency is the time-sensitivity of needs or concerns.
Why should stakeholder priorities be reviewed over time?
A stakeholder's influence, closeness, or urgency can change as project work progresses, so attention should reflect the current situation.

Quiz questions

  1. Which description best defines a project stakeholder?Answer: A person, group, or organization that may affect or be affected by a project.
  2. Which statement about stakeholders' organizational location is correct?Answer: Stakeholders may be inside or outside the organization.
  3. Why might a community served by a government project be considered a stakeholder?Answer: The community may be affected by the project or its completed outcomes.
  4. In John Kotter's approach to organizational change, what role do stakeholder analysis and management have?Answer: They are essential components of managing change.
  5. Why can a project be viewed as unsuccessful even if it delivers its planned output?Answer: Affected people may not receive the expected benefit.

Based on the Wikipedia article Project stakeholder, licensed CC BY-SA 4.0. Adapted into a summary, flashcards and quizzes.

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