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Project Stakeholder Management Based on PMBOK 5 th Edition PROJECTSAvvy Inc, USA Website: www.projectsavvy.net, E-mail: [email protected]

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Page 1: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Project Stakeholder Management

Based on PMBOK 5th Edition

PROJECTSAvvy Inc, USA

Website: www.projectsavvy.net, E-mail: [email protected]

Page 2: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Agenda

13.1 Identify Stakeholder

13.2 Plan Stakeholder Management

13.3 Manage Stakeholder Engagement

13.4 Control Stakeholder Engagement

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Page 3: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

What is Stakeholder Management?

Includes the processes required to:

Identify the people, groups, or organizations

that could impact or be impacted by the project.

Analyze stakeholder expectations and their

impact on the project

Develop appropriate management strategies for

effectively engaging stakeholders in project

decision and execution

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Page 4: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

13.1 Identify Stakeholders

Identify all people or

organizations impacted by the

project: e.g., Customers,

Sponsors, Team Members,

Suppliers (Internal & External),

and Labor unions

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Page 5: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Identify Stakeholders: Inputs

1. Project Charter (provides information about

internal & external involved parties

2. Procurement Documents

3. Enterprise Environmental Factors (e.g.,

organizational culture, industry standards, … etc)

4. Organizational Process Assets (stakeholders

register templates, lessons learned, old project

documents, … etc)

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Page 6: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Identify Stakeholders: Tools & Techniques

1. Stakeholder Analysis: gathering & analyzing

information to determine stakeholder in 3 steps:

Identify all potential stakeholders & relevant

information (roles, departments, interests,

knowledge levels, expectations & influence

levels).

Identify potential impact or support each

stakeholder could generate (power-interest)

Assess how key stakeholders are likely to react

or respond to various situations.

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Page 7: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Power-Interest Grid

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Page 8: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Identify Stakeholders: T & T (2)

2. Expert Judgment: groups or individuals

specialized in certain areas such:

Senior management

Subject matter experts

Industry groups and consultants

Professional and technical associations

Project managers with experience in similar

projects

Identified stakeholders.

3. Meetings

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Page 9: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Identify Stakeholders: Outputs

1. Stakeholder Register: it contains

Identification Information: name,

organizational position, location, role in

project, … etc.

Assessment Information: major requirements,

expectation, potential influence in project …

etc.

Stakeholder Classification: Internal/External,

supporter, neutral, resistor, … etc.

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Page 10: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Sample Stakeholder Mgmt Plan

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Page 11: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Quiz

How should the project manager manage the

stakeholders with high power in high interest in

the project?

A. Keep them satisfied

B. Manage Closely

C. Treat them equally to other stakeholders

D. Give their request a high priority

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Page 12: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

13.2 Plan Stakeholder Management

Developing appropriate management strategies

to effectively engage stakeholders throughout

the project lifecycle.

Provides clear, actionable plan to interact with

project stakeholders to support the project’s

interests.

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Page 13: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Plan Stakeholder Management - Inputs

1. Project Management Plan

2. Stakeholder Register

3. Enterprise Environmental Factors

4. Organizational Process Assets

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Page 14: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Plan Stakeholder Management – T & T

1. Expert Judgment

Senior Management

Team Members

Other units or individuals

Identified stakeholders

Project managers of similar projects

Industry experts

2. Meetings

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Page 15: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Plan Stakeholder Management – T & T

3. Analytical Techniques, engagement levels:

Unaware

Resistant

Neutral

Supportive

Leading

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Page 16: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Plan Stakeholders Management:

Outputs

1. Stakeholder Management Plan:

Desired and current engagement levels of key

stakeholders

Interrelationship and potential overlap

between stakeholders

Stakeholder communication requirements

2. Project Document Updates

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Page 17: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Quiz

One of the following is not part of the stakeholder

management plan

A. Desired engagement level

B. Current engagement level

C. Communication method

D. Communication needs

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Page 18: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

13.3 Manage Stakeholder Engagement

Communicating and working with

stakeholders to meet their needs/expectations,

address issues as they occur, and foster

appropriate stakeholder engagement in project

activities throughout the project lifecycle.

The key benefit is to allow the project manager

to increase support and minimize resistance

from stakeholders.

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Page 19: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Manage Stakeholder Engagement -

Inputs

1. Stakeholder Engagement Plan

2. Communication Management Plan

3. Change Log

4. Organizational Process Assets

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Page 20: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Manage Stakeholder Engagement T & T

1. Communications Methods

2. Interpersonal Skills

Building trust

Resolving conflict

Active listening

Overcoming resistance to change

3. Management Skills

Influence people to support project

Negotiate agreements

Modify organizational behavior

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Page 21: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Manage Stakeholder Engagement

Outputs

1. Issue Log

2. Change Requests

3. Project Management Plan Updates

4. Project Document Updates

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Page 22: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Manage Stakeholder Engagement

Outputs

5. Organizations Process Assets Updates

Stakeholder notifications

Project Reports

Project presentations

Project records

Feedback from stakeholders

Lessons Learned Documentation

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Page 23: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

13.3 Control Stakeholder Engagement

Monitoring overall stakeholder relationships

and adjusting strategies and plans for

engaging stakeholders.

The key benefit is to maintain or increase the

efficiency and effectiveness of stakeholder

engagement activities.

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Page 24: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Control Stakeholder Engagement -

Inputs

1. Project Management Plan

2. Issue Log

3. Work Performance Data

4. Project Documents

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Page 25: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Control Stakeholder Engagement T & T

1. Information Management Systems

2. Expert Judgment

3. Meetings

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Page 26: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Control Stakeholder Engagement

Outputs

1. Work Performance Information

2. Change Requests

3. Project Management Plan Updates

4. Project Document Updates

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Page 27: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Control Stakeholder Engagement

Outputs

5. Organizations Process Assets Updates

Stakeholder notifications

Project Reports

Project presentations

Project records

Feedback from stakeholders

Lessons Learned Documentation

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Page 28: PMP-CAPM Stakeholder management- PMBOK5th Edition Video Training Tutorials 85 Videos duration up to 70 hours visit at

Q&A

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