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Stakeholder Salience Model in Project Management

ProjectManager.com

Then there are external stakeholders, who can be customers, suppliers, vendors, subcontractors, the government, the community, and non-governmental organizations (NGOs). Project managers use a stakeholder salience model to make informed decisions on where to focus attention and resources for optimal project delivery.

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The Stakeholder Salience Model and How to Use It

Rebel’s Guide to PM

Power Power is a measure of how much influence they have over actions and outcomes. Larger projects are likely to have higher numbers of people with power involved because they tend to attract greater corporate governance and oversight – so the top management likes to know what is going on. An example would be the board of a company.

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Internal Stakeholders vs. External Stakeholders in Project Management

ProjectManager.com

Internal stakeholders are crucial for project success because they have direct control or influence over the resources, processes and policies that drive the project forward. This helps them understand the projects scope, schedule and progress, enabling them to make informed decisions and track performance.

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What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

Stakeholders are very important because they can have a positive or negative influence on the project with their decisions. If you want more information on this, you can dive into stakeholder theory and shareholder theory , two similar yet different approaches. Pro tip: The terms stakeholder and shareholder are commonly confused.

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What is Stakeholder-led Project Management?

Rebel’s Guide to PM

In these projects, stakeholders are identified and communicated with in the ‘normal’ way, but their power and influence is relatively low. The final type of project at the other end of the continuum is where stakeholders have a lot of power and influence over the project. Stakeholder-neutral. IT projects often fall into this category.

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

Organizational Process Assets (OPAs) are the collective knowledge, experience, and information that an organization has accumulated over time. They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive). They influence how we do the work.

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How To Improve Credibility As A Project Manager

Rebel’s Guide to PM

When Im mentoring project managers, one of the key things I hear time and time again is that they want to be given more responsibility and have greater influence over the work. The UK government has the Project Delivery Capability Framework. Do your homework I feel least confident in situations where I know the least information.