Question

Objective: The objective of this assignment is to help students understand the importance of stakeholder management in project management and how decision-making style can impact project success. Students will be able to create a stakeholders register and use the Blake \& Mouton Decision Matrix to analyze their decision-making style. Instructions:

Part 1 - Stakeholder Register Choose a project (real or hypothetical) and identify at least ten stakeholders who may be affected by the project. Create a stakeholders register that includes the following information for each stakeholder:
1. Name
2. Role/Position
3. Contact information
4. Level of interest in the project
5. Level of influence in the project
6. Expectations/Needs/Concerns Based on the information in the stakeholders register.

Answer 1

Stakeholder management is critical for project success, requiring identification, engagement, and communication with all relevant parties to address their interests and expectations.

Step-by-step explanation:

The process of stakeholder management is essential in ensuring the success of a project. It involves the identification and engagement of all individuals or organizations that have a stake in the project or are affected by it, including users, customers, the design team, and the company that employs the design team. Effective stakeholder management contributes significantly to project outcomes, as stakeholders can have varying levels of interest, influence, and expectations. Communication and equity are critical elements in managing stakeholder relationships. Notably, a successful project on stakeholder buy-in, which requires clear communication, understanding stakeholder perspectives and ensuring their needs are addressed.