stakeholders. a formal document issued by the sponsor that authorizes the project and the project...

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Stakeholders

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Page 1: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Stakeholders

Page 2: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

A formal document issued by the sponsor that authorizes the project and the project manager.

It provides the high level requirements for the project

Page 3: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Project Title and Description-(Briefly describe the project)◦ A simple, high level description of what is the project.

Project Manager Assigned and Authority Level◦ (The name of the project manager, and whether he or she can

determine budget, schedule, staffing, etc.). Business Need

◦ (Why is the project being done? –◦ day-to-day decisions keeping that business need in mind.

Project Justification◦ (On what financial or other basis can we justify doing this project?)◦ Can provide the project manager with a measure of success if the

justification proves valid.

Page 4: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Resources Pre-Assigned◦ (How many or what resources will be provided?

Stakeholders◦ (who will affect by, the project (influence the project) as known to date?◦ This is the sponsor's impression as to who are the stakeholders.◦ Stakeholder analysis comes later in the project management process.

Stakeholder Requirement as Known-◦ (What are the requirements related to both project and product scope?◦ These are the requirements that have been used to justify the project.

Product Description\Deliverables◦ What specific product deliverables are wanted,◦ What will be the end result of the project)◦ A measure of project success is that all the deliverables are met. ◦ Is it a report or a design? Should the design be tested, or just created?

Page 5: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Constraints and Assumptions◦ Are there any limiting factors? ◦ is anything assumed to be true that may not be true?◦ Constraints can be cost-related (complete the project for no more than $100,000) ◦ Time-related (complete the project by May 1st).

Assumptions need to be reviewed throughout the project, since an assumption

that is proven not to be true will cause changes in scope and other parts of the project management plan.

Page 6: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Individuals and organizations that are actively involved in the project, or whose interests maybe

positively or negatively affected as a result of project execution or project completion

Page 7: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Project Stakeholders

Project Team

Project Management team

Project Manager

Project Sponsor

Page 8: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for
Page 9: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Different Stakeholders have different objectives Differences among stakeholders should be resolved

in favor of the customer One of the major challenges of project management

Page 10: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Organizational system – manage projects for other, or manage its own projects.

Organizational cultures and styles – most organizations have different shared values, norms,

beliefs, and expectations Key general management skills – leading, communicating, negotiating, problem solving, and

influencing the organization. Social-economic-environment influences – standards

and regulations, internationalization, and cultural influences

Organizational structure – functional, matrix, or projectized organizations

Page 11: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

HighInfluence of stakeholders

Cost of changes

Page 12: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Stakeholders◦ People and organizations that

involved in or impacted by the project can positively or negatively impact the project

Page 13: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Stakeholders can include◦ Sponsor , provides funding and support the project◦ Management◦ PMO ,provides templates, lessons learned, guidance and

may be resources ◦ Project Manager ◦ Functional Manager ◦ Team ◦ Customers , Provide product scope, approve changes ◦ End Users◦ Public◦ Funding Sources

Page 14: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Involved departments What decisions Who makes them What they use to make them The system users

◦ Determine requirement ◦ Implement requirement

The 3 project Managers◦ Historical problems ◦ Do and don'ts

Page 15: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

So the stakeholders could include;◦ Owners of the company Standards◦ Users of the system who will make critical decisions based on it ◦ Project Managers of the other projects ◦ Sponsor◦ Team ◦ Project Manager ◦ PMO ( if exists)

◦ Management ◦ Accounting Department ◦ Finance Department

Page 16: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Identify Each Stakeholder by Name

The management of stakeholders is not general specific to the needs of the individuals involved.

◦ Some will need to involved in clarifying the project scope◦ , some might have expectation that have not been put into

requirements for the project, which will need to be discovered◦ Some will need included in the project reporting cycle.

Therefore, stakeholder need to be listened by name, rather than by department, whenever

possible.

Page 17: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

It is a Preventive measure ◦ Why ?

Can avoid ◦ Added project changes and delays◦ Misses requirements◦ Added conflict◦ Loss of expertise◦ Rework◦ Lower quality

Page 18: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Useful Tricks ◦ When the stakeholders is the whole

department ◦ How you make sure you identified all

Page 19: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Estimate Each Stakeholder's Level of Influence

Each stakeholder will have some level of influence on a

project,

During planning and managing a project, the manager will

be have to juggle the needs of competing stakeholders.

Knowing their influence levels will help handle this

juggling.

Not all influence is related to job position. To determine influence, simply put a 1 to 10 rating

next to each stakeholder's name. It does not have to be scientific

Page 20: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

What Will Satisfy Each Stakeholder? Satisfaction is a very sophisticated to manage. What is more important

◦ measuring the "happiness" of stakeholder ?◦ making sure the project meets requirements?

Page 21: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

"I expect this project will not interrupt my department's work,

"I expect the system will be dramatically improved as a result of the project

Turn expectation to requirements

Page 22: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

In addition to project requirements, stakeholders have expectations such as :

◦ Impact on them ◦ On their department ◦ The company as a whole◦ Hidden intentionally ?

Page 23: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Product of project will solve their problem Get released from the project because too busy Grow reputation Bored with their current work Get a promotion Leave work on time because of commitments It does not interfere with project “ yalla yalla” that

they are working on and interested in

Is the project team a stakeholder ?

Page 24: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Uncover communication references when Identifying stakeholders

◦ You never told me ◦ Never got your email , etc..

Page 25: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Stakeholder Level of Influence What will make them satisfied?

Communication requirements

Identify and Manage Stakeholders

Ask team members opinion

Page 26: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Throughout The Project: Involve stakeholders in planning the project and managing

it more extensively than you might be doing on your projects.◦ May be involved in the creation of the project charter◦ Preliminary and project scope statement.

Page 27: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Stakeholders may become risk response owner, and also involved in:

◦ Finalizing requirements.◦ Project management plan development.◦ Approving project changes.◦ Scope verification◦ Identifying constraints.

◦ Other parts of risk management.

Page 28: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

PM should continue doing the following:

◦ Identify any stakeholder, and include their needs in the

stakeholder list.

◦ Make sure all stakeholders' needs are met, including those of

the team, by including interactions with stakeholder in the

project manager's management activities.

◦ Create and use recognition and reward systems.

◦ Keep tract of stakeholder's issues and document their

resolution.

Page 29: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

How to identify new stakeholders ◦ When there is a change request ◦ An agenda item in team meetings

Page 30: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

◦ A project manager knows that some of the team members felt strongly that certain scope should have been part of the project.

◦ Anticipating that the team might continue pressing to get the scope added, the project management communicates the following at the first team meeting.

"During planning, there were number of suggested pieces of scope that were specifically determined not to be part of this project. I will be looking for any attempts to be add them back into the project"

Page 31: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

◦ During requirement gathering, a stakeholder expressed concern about how much of her staff's time would be needed on the project.

“While finalizing the project management plan, the project manager contacts her and says," You know by now that some of your staff will be needed on this project. However, I understand your concern. I have designed our project 's monthly report clearly to show you when and how much of your staff time needed. Will this help you to manage your department and minimize the negative impact of this project on your department".

Page 32: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Exercise:

A project manager is working on a project with 14 stakeholders who need to be involved and kept updated on the project. As the project manager, what would you do to fulfill those needs?

Page 33: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Send copy of the project reports ? Invite them to your team meetings Special reports geared to the stakeholders interest

◦ Add things stake holder did to help project Call for a meeting for all stakeholders –progress update

meeting

Page 34: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Why bother ?

Page 35: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Thank you makes you feel

GOOOOOOOOOOD

Page 36: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

creating a recognition and reward system.

◦ Offer a prize to the stakeholder who makes the biggest

contribution.

◦ Say "thank you" regularly

◦ Award prizes as Team Member of the month recognition, or cash

prize for performance.

◦ Recommend team member for raises of choice work assignments,

may not be officially part of the team members' performance

reviews.

◦ Send notes to the stakeholders' manager about great performances.

Page 37: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

◦ Plan for milestone parties or other celebrations.

◦ Acquire training for the team member paid from the

project budget

◦ Adjust the project to assign people to requested

activities or to remove them from disliked activities.

◦ Work with management to have a team member

removed from the project if requested, and if it is

possible.

◦ Assign a team member to work where he or she can

gain more knowledge.

Page 38: Stakeholders. A formal document issued by the sponsor that authorizes the project and the project manager. It provides the high level requirements for

Issue #

Issue Date Responsibility Due by

Solution Stake-holder

what is an Issue Log?

A record used to track issues on the project, their status, and their resolution.