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What are the stakeholders' needs in the project planning process?
Stakeholders in a project planning process have various needs, including clear communication, transparency, involvement in decision-making, and alignment with project goals. It is important to consider and address these needs to ensure successful project outcomes.
Describe the project management framework by providing example of stakeholder?
Who are the Project Stakeholders?Project stakeholders are individuals and organizations whose interests are affected (positively or negatively) by the project execution and completion. In other words, a project stakeholder has something to gain from the project or lose to the project. Accordingly, the stakeholders fall into two categories-positive stakeholders, who will normally benefit from the success of the project, and negative stakeholders, who see some form of disadvantage coming from the project. The implications obviously are that the positive stakeholders would like to see the project succeed and the negative stakeholder's would be happy if the project was delayed or even better cancelled.Identifying all the project stakeholders might be a difficult task, but the following are the obvious stakeholders in any project:Project SponsorProject ManagerPMOProject TeamProgram Manager (If Applicable)Portfolio Manager (If Applicable)Portfolio Review BoardFunctional ManagerOperational ManagementSellersBusiness PartnersCustomersProject Management Knowledge AreasManaging projects requires applying knowledge, skills, and tools and techniques to project activities in order to meet the project objectives. You do this by performing some processes at various stages of the project, as discussed in the previous chapter. That means processes are part of the knowledge required to manage projects. Each aspect of a project is managed by using the corresponding knowledge area. For example, each project has a scope that needs to be managed, and the knowledge required to manage scope is in the knowledge area called project scope management. To perform the project work within the project scope, you need human resources, which need to be managed; the knowledge used to manage human resources is called human resource management.I guess, by now you have a fair idea of where we are getting to.Each process belongs to one of the nine knowledge areas:1. Scope Management2. Time Management3. Cost Management4. Human Resource Management5. Procurement Management6. Risk Management7. Quality Management8. Integration Management &9. Communication ManagementEach knowledge area has its own place in the project lifecycle and they are all equally important from a project managers point of view. In practical experience you might fine one or more areas to have a greater impact on the outcome of the project, but nonetheless they are all important and play a vital role in the success or failure of a project.
Advantages and disadvantages for Gantt Chart?
The main advantage of the Gantt Charts is that visualizing your project schedule makes it very easy for the Project Manager to communicate the project schedule to various stakeholders as well as to the project team. The main disadvantage is that Gantt Charts are not well suited for conveying complex dependencies or projects having significant potential variability in completion dates. The PERT chart was devised in the 50's for the Polaris project in order to represent this key missing concept.
What are the various objectives of a project?
In brief, project management objectives are the successful development of the project's procedures of initiation, planning, execution, regulation and closure as well as the guidance of the project team's operations towards achieving all the agreed upon goals within the set scope, time, quality and budget standards.
What is project abandonment?
Project abandonment is when a project is stopped for various reasons. This could be due to budget cuts or because someone just changed their mind.
What are the stakeholders' needs in the project planning process?
Stakeholders in a project planning process have various needs, including clear communication, transparency, involvement in decision-making, and alignment with project goals. It is important to consider and address these needs to ensure successful project outcomes.
Explain different methods of identifying project data?
Stakeholder interviews: Engaging with project stakeholders to gather information on project data needs. Data inventory: Documenting and categorizing all available data sources related to the project. Data analysis: Using analytical tools and techniques to extract relevant data from various sources. Data mapping: Creating visual representations of data flows, relationships, and dependencies within the project.
Who are various stakeholders in an entrepreneurial venture?
KJm
Who are the various stakeholders in nokia's market and what are their impacts?
customer
What are need of construction management?
Construction managers help drive efficiency in construction projects through close coordination of all of the various stakeholders involved in the project. While construction projects generally occur linearly, construction managers will often have different stakeholders in the project involved at the same time. For example, a construction manager may have the design and engineering teams working together to finalize a design while they are also going through the bidding process for general and subcontractors. By having a deep understanding of the flow of construction projects and how to bring about the designed outcome, construction project managers are capable of ensuring that each group involved in a construction project is operating as efficiently as possible throughout the duration of the project.
Describe the project management framework by providing example of stakeholder?
Who are the Project Stakeholders?Project stakeholders are individuals and organizations whose interests are affected (positively or negatively) by the project execution and completion. In other words, a project stakeholder has something to gain from the project or lose to the project. Accordingly, the stakeholders fall into two categories-positive stakeholders, who will normally benefit from the success of the project, and negative stakeholders, who see some form of disadvantage coming from the project. The implications obviously are that the positive stakeholders would like to see the project succeed and the negative stakeholder's would be happy if the project was delayed or even better cancelled.Identifying all the project stakeholders might be a difficult task, but the following are the obvious stakeholders in any project:Project SponsorProject ManagerPMOProject TeamProgram Manager (If Applicable)Portfolio Manager (If Applicable)Portfolio Review BoardFunctional ManagerOperational ManagementSellersBusiness PartnersCustomersProject Management Knowledge AreasManaging projects requires applying knowledge, skills, and tools and techniques to project activities in order to meet the project objectives. You do this by performing some processes at various stages of the project, as discussed in the previous chapter. That means processes are part of the knowledge required to manage projects. Each aspect of a project is managed by using the corresponding knowledge area. For example, each project has a scope that needs to be managed, and the knowledge required to manage scope is in the knowledge area called project scope management. To perform the project work within the project scope, you need human resources, which need to be managed; the knowledge used to manage human resources is called human resource management.I guess, by now you have a fair idea of where we are getting to.Each process belongs to one of the nine knowledge areas:1. Scope Management2. Time Management3. Cost Management4. Human Resource Management5. Procurement Management6. Risk Management7. Quality Management8. Integration Management &9. Communication ManagementEach knowledge area has its own place in the project lifecycle and they are all equally important from a project managers point of view. In practical experience you might fine one or more areas to have a greater impact on the outcome of the project, but nonetheless they are all important and play a vital role in the success or failure of a project.
What are the different types of processes involved in this project?
The project involves various processes such as planning, designing, implementing, monitoring, and evaluating to achieve its goals.
Who should do the prioritization of the project risks?
Prioritization of project risks should be conducted by the project manager in collaboration with key stakeholders, including team members, subject matter experts, and possibly clients. This collaborative approach ensures that various perspectives are considered, allowing for a comprehensive understanding of the risks involved. Ultimately, the project manager is responsible for integrating this feedback into a prioritized risk management plan that aligns with project objectives.
Identify three items the master scenario of events list should include?
Key milestones or major events that are crucial for the project's success. Dependencies and relationships between different tasks and events. Resource allocation and allocation of responsibilities to various team members or stakeholders.
Who ultimately decides what effects such things as affirmative action have on the country?
The impact of affirmative action policies on the country is typically evaluated through a combination of legislative decisions, judicial rulings, public opinion, and empirical research. Ultimately, the effects are influenced by how these different stakeholders interpret and implement affirmative action measures in various contexts.
Who would be the various stakeholders of a restaurant?
customers, staff, the bank, suppliers and local authority.
Is the statement 'Often the needs of a firm's various stakeholders will conflict' true or false?
true
