SKATEHOLDER MANAGEMENT Flashcards
(39 cards)
Stakeholder Engagement’s Primary Aim
To identify and engage stakeholders, satisfying their requirements, expectations, and interests.
Why is it important to identify stakeholders at the very beginning of a project?
To ensure their needs and expectations are understood and incorporated, which directly impacts the project’s success and acceptance.
What happens if we miss identifying a key stakeholder at the beginning?
This can lead to overlooked requirements, potential conflicts, and challenges in gaining project acceptance and support later on.
Significance of Clear Project Vision
Helps stakeholders understand the big picture and encourages their engagement.
Techniques for Identifying Stakeholders
Include brainstorming sessions, questionnaires, surveys, and document analysis.
Power-Interest Grid in Stakeholder Categorization
Prioritizes stakeholders based on their power and interest levels.
Stakeholder Management using Power-Interest Grid
Utilize this tool to identify key stakeholders and their influence levels for effective management in projects.
Prioritizing Stakeholder Management Strategies
Focus on stakeholders based on their power and interest in the project.
Importance of Stakeholder Register
Essential for understanding stakeholders’ needs and expectations, especially when creating the Quality Management and Communications Management Plans.
Prioritization Method in Stakeholder Engagement
Determines which stakeholders are more important for the project.
Plan Stakeholder Engagement Process
Develops strategies and methods to engage stakeholders effectively.
Trustworthiness in Stakeholder Engagement
Increases stakeholder engagement and promotes positive relationships.
Steven Covey’s ‘Win-Win’ Situation
Both parties trust each other, demonstrating empathy and creating value for both sides.
Benchmarking in Stakeholder Analysis
Compares stakeholder analysis results with other crucial projects for insights.
Proactivity in Managing Stakeholder Engagement
Preventing issues before they occur to ensure stakeholder satisfaction.
Feedbacks
Helps understand stakeholder engagement levels during meetings or conversations.
Importance of Getting Feedback from Stakeholders
Engages stakeholders effectively when choosing communication models.
Good Relationship with Stakeholders for Feedback
Essential for understanding their engagement levels and obtaining accurate project feedback.
Effective Communication to Increase Engagement
Satisfying stakeholders’ communication requirements and expectations.
Cross-Cultural Model for Stakeholder Engagement
Better than the interactive model for engaging stakeholders in diverse environments.
Peaceful Environment and Efficient Teamwork
Primary results of engaging stakeholders in the project.
Proactive Conflict and Issue Resolution
Ensures stakeholder satisfaction in the Manage Stakeholder Engagement process.
Increasing Engagement
Focus on increasing stakeholder engagement through appropriate actions.
Relationship Between Stakeholder and Communications Management
Closely related processes where actions in the Stakeholder Engagement Plan are applied using communication methods from the Communications Management Plan.
