Describe each stakeholder’s organizational position, project roles, expectations, and communications requirements.

Describe each stakeholder’s organizational position, project roles, expectations, and communications requirements.

The stakeholder register contains information related to the stakeholder’s organizational positions, expectations, project roles, and communications requirements. The register contains details encompassing classification, assessment information, and identification information. The stakeholder’s organizational positions include the top management, sponsor, investor, resource manager, project team, and project manager. The project roles encompass the project lead, sponsor, coordinator, functional or technical lead, and clients.

The executive sponsor authorizes the financial plan while the project lead manages individuals, risks, issues, and conflicts (Freeman et al., 2018). The project coordinator coordinates the project’s efforts, while the functional or technical lead can allocate resources and work. The top management is expected to guide the strategy and development of the project. The project team will exhibit high professionalism in the task, job, or skill. They will perform the project’s specific tasks to attain its objectives.

The project manager is responsible for applying project management approaches to ensure the project’s success. The sponsor provides support and resources for the project. Responsible for facilitating success (Pedrini & Ferri, 2019). The investor provides ideas and financial aid to boost and promote the project. Participate in financial and managerial decisions. The internal and external clients will pay for the project services and products. Additionally, the subcontractors, contractors, and suppliers will supply services or acquire resources for the project.

Lastly, the government will address organizational, financial, and technological barriers. The top management team will be contacted through face-to-face meetings, emails, project documentation, and newsletters. Similarly, the project team and manager, investor, resource managers, contractors, subcontractors, suppliers, and internal clients will be contacted via interactive communication, encompassing phone conversations and video conferencing. The government and external customers will be contacted via pull communication through project websites. The top management, sponsor, and investor will also be contacted through push communication via emails, project documentation, and project newsletters.

Record stakeholder information in the stakeholder register below.

Stakeholder Name Type(Internal/ External) Organizational Position Role in Project Expectations CommunicationsRequirements
Top management Internal Senior management team Project lead Guide the project’s development and strategy. Interactive communication through face-to-face meetings and Push communication through emails, project documentation, and newsletters.
Team Internal Project team Team members Exhibit high levels of professionalism in the task, job, or skill. They perform the project’s specific tasks to attain its objectives. Interactive communication through face-to-face meetings, video conferencing, and phone conversations
Manager Internal Management team Project lead Responsible for applying project management approaches to ensure project success. Interactive communication through face-to-face meetings and phone conversations
Sponsor External Senior management team Executive Sponsor Provides support and resources for the project. Responsible for facilitating success. Push communication through emails and project documentation, and newsletters.
Investor External Primary stakeholder Executive sponsor Provide ideas and financial aid to boost and promote the project. Participate in financial and managerial decisions. Interactive communication through face-to-face meetings and Push communication through emails and project documentation, and newsletters.
Resource managers Internal Management team Project Coordinator Control project resources. Interactive communication through face-to-face meetings, video conferencing, and phone conversations
Internal customers Internal Primary stakeholders Client Pay for the project services and products. Interactive communication through face-to-face meetings
External customers External Primary stakeholders Client Pay for the project services and products. Pull communication through the project website.
Contractors, suppliers, and subcontractors External Primary stakeholders Functional/ technical lead Supply services or acquire resources for the project. Interactive communication through face-to-face meetings and phone conversations and pull communication through the project website.
Government External Secondary stakeholders Project Coordinator Concerned about the organizational, financial, and technological barriers. Pull communication through the project website.

 

Describe the strategy that will be used to manage stakeholders for the Water Cube project.

Stakeholder mapping is the strategy that will be utilized to manage stakeholders for the water cube project. The strategy will involve conducting a detailed stakeholder examination to categorize the stakeholders. The key factors will be recognized and inspected, encompassing the demographics, project proximity, needs and concerns, interests, and expectations.

Stakeholder mapping also involves a thorough comprehension of the internal stakeholder team, including the suppliers and contractors, immediate staff, and alliances (Albats et al., 2020). Stakeholder mapping for the water cube project will facilitate the investigation of whether the right resources are available and effective team functioning. Stakeholder mapping will assist in categorizing stakeholders, allocating resources, understanding the stakeholder volume, and bringing the team together.

Describe the purpose of a stakeholder management strategy.

A stakeholder management strategy is critical for the success of a project. The strategy certifies that the stakeholder’s interests and expectations are comprehended for their proper management. A strategy allows the project manager to articulate to the project team how communication will work (Albats et al., 2020). The strategy also aids in examining and evaluating the stakeholders and understanding them better.  This way, their needs are anticipated or projected, and their concerns can easily be addressed.

The strategy covers the stakeholder expectations, prioritization of stakeholders, action plans, and communication rules. The action plans outline how stakeholders’ involvement will be managed and the stages to be taken to guarantee that their expectations are fulfilled. The communication rules framework the rate of recurrence, category, and level of communication with every stakeholder. Prioritizing stakeholders involves ranking them founded on their capacity to impact a project and their concern for its results (Falcão et al., 2020). The stakeholder expectations include their involvement and their communication preference.

A stakeholder management plan enables categorizing stakeholders based on their project interests and influence (Nguyen et al., 2018). The plan also aids in understanding the stakeholders who need attention to focus and assign the resources effectively. The strategy also assists in understanding the volume of stakeholders engaged in the project and the degree of engagement. It allows for identifying vital stakeholders who positively influence a project to establish healthy relationships.

Understanding the stakeholders’ perspectives as soon as possible is essential. Significantly, a stakeholder management strategy helps unite the team, ensuring everyone is on the same page for successful stakeholder management. The stakeholder management strategy describes how the project team manages the key stakeholders’ expectations and goals in the project’s lifecycle.

  • Describe the methods that will be used to identify project stakeholders. (3–4 paragraphs)
  • Describe the methods that will be used to determine stakeholder communications requirements. (3–4 paragraphs)

The methods that will be used to identify project stakeholders

One way to identify the stakeholders is to draw on the project charter and any other documentation or project plan to collect an entire list of internal and external stakeholders. Another method that will be used to identify stakeholders is brainstorming. The technique is free-form, involving the team and the project sponsor is essential. The process will involve the team listing all potential stakeholders individually, which is a great place to start.

The other technique includes a stakeholder role profile. Similar to a risk profile utilized to scan for common project risks, a stakeholder profile categorizes stakeholders familiar with each project (Downar, 2018). Following the decision is another method to categorize stakeholders. Projects involve authorizations and decisions. The technique involves rereading the project plan and outlining all the authorization points and decisions, considering the decision-makers at every point.

The other method involves seeking the secondary stakeholders, individuals not involved in project execution, such as clients, regulators, and project opponents. Similar to risk management, the initial step in the stakeholder management process is identifying stakeholders using various identification techniques.