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Stakeholders are individuals or groups that have an interest in the outcomes of a business, including employees, customers, suppliers, investors, and the community. Managers should be concerned about managing relationships with stakeholders because their support and satisfaction can significantly influence the organization's success, reputation, and sustainability. Effective stakeholder management helps in aligning expectations, fostering trust, and mitigating potential conflicts, ultimately leading to better decision-making and long-term value creation.

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1mo ago

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What is the difference between managing operations and managing projects?

Managing operations means that managers manage various, continuous tasks daily. Managing a project means that managers are managing activities that will end at a set time.


4 activities a project manager may have to perform?

- Managing conflicts- Managing risks- Managing team members- Managing stakeholders


Who are the stakeholders in a project and how do their interests and involvement impact the project's success?

Stakeholders in a project are individuals or groups who have a vested interest in its outcome. They can include project managers, team members, clients, investors, and the community. The interests and involvement of stakeholders can impact the project's success by influencing decision-making, providing resources, and ensuring alignment with goals and expectations. Effective communication and collaboration with stakeholders are key to managing their interests and maximizing project success.


What are Requirements Managers responsible for providing?

Requirements Managers are responsible for defining, documenting, and managing the requirements of a project or product throughout its lifecycle. They ensure that all stakeholders' needs are captured and communicated effectively, facilitating clear understanding and alignment. Additionally, they prioritize requirements, track changes, and help to resolve conflicts, ensuring that the final deliverable meets the intended objectives and quality standards.


What are the primary objectives of building managers?

The primary objectives of building managers include ensuring the safety and functionality of the property, maintaining compliance with regulations, and optimizing operational efficiency. They are responsible for overseeing maintenance, coordinating repairs, and managing budgets to control costs. Additionally, building managers aim to enhance tenant satisfaction and retention through effective communication and responsive service. Overall, their role is to create a well-functioning environment that meets the needs of occupants and stakeholders.

Related Questions

Why customer service and innovation are important to manager job?

customer in the reason that organization exist, managing the customer relationship is the responsibility of managers and employees. managers should encourage employees to be aware of and act on opportunities for innovation.


What is the difference between managing operations and managing projects?

Managing operations means that managers manage various, continuous tasks daily. Managing a project means that managers are managing activities that will end at a set time.


One of the difficulties facing today's managers is to?

One of the difficulties facing today's managers is to adapt to rapidly changing technology and market trends, while also managing a diverse workforce with varying needs and preferences. Additionally, balancing the demands of stakeholders, regulatory requirements, and achieving profitability can be challenging for managers in the current business environment.


4 activities a project manager may have to perform?

- Managing conflicts- Managing risks- Managing team members- Managing stakeholders


Who are the stakeholders in a project and how do their interests and involvement impact the project's success?

Stakeholders in a project are individuals or groups who have a vested interest in its outcome. They can include project managers, team members, clients, investors, and the community. The interests and involvement of stakeholders can impact the project's success by influencing decision-making, providing resources, and ensuring alignment with goals and expectations. Effective communication and collaboration with stakeholders are key to managing their interests and maximizing project success.


What is managing and managers?

management is the business as managers are the ones over the business and have control on the regulation of the management


What is the first priority of club managers?

managing clubs...............hahaha


What is concerned with managing the systems memory resources?

Memory Management


How many English managers are currently managing in scottish leagues?

too many


What are Requirements Managers responsible for providing?

Requirements Managers are responsible for defining, documenting, and managing the requirements of a project or product throughout its lifecycle. They ensure that all stakeholders' needs are captured and communicated effectively, facilitating clear understanding and alignment. Additionally, they prioritize requirements, track changes, and help to resolve conflicts, ensuring that the final deliverable meets the intended objectives and quality standards.


What are the primary objectives of building managers?

The primary objectives of building managers include ensuring the safety and functionality of the property, maintaining compliance with regulations, and optimizing operational efficiency. They are responsible for overseeing maintenance, coordinating repairs, and managing budgets to control costs. Additionally, building managers aim to enhance tenant satisfaction and retention through effective communication and responsive service. Overall, their role is to create a well-functioning environment that meets the needs of occupants and stakeholders.


Managing customers relationship?

Managing the customers relationship is very important if you are to retain the current customers and attract new ones.