Remove Governance Remove Influencer Remove Process
article thumbnail

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). Power The ability of a stakeholder to influence the project’s outcome, resources or decisions. They have significant influence, so they must be properly engaged.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

One key tool to success is understanding how to use organizational process assets effectively. But what is an organizational process asset (OPA)? In this blog post, we’ll take a look at what organizational process assets are, why you would use them in project management and some best practices for utilizing these important tools.

Process 459
article thumbnail

What Is Corporate Governance & How Can it Impact My Project?

ProjectManager.com

While making money is the overriding mandate of any for-profit enterprise, each individual organization is governed by its own set of standards and practices. Those standards and practices are called corporate governance, and they are going to influence your project. What Is Corporate Governance?

article thumbnail

Project Financing Basics: How to Fund a Project

ProjectManager.com

To understand this process, one must begin with the meaning of project financing and then work towards the various methods of getting it. Well go over that, explore various project financing sources, explain the process of getting that financial support and provide an example to see how this plays out in the real world.

Finance 301
article thumbnail

Top 25 Project Management Influencers of 2025

NimbleWork

These top 25 influencers for 2025 aren’t just keeping up with the trends—they’re setting them, reshaping how teams collaborate, innovate, and deliver in today’s fast-paced world. What distinguishes these influencers in the landscape of project management thought leadership? Imlay, the father of the ERP market.

article thumbnail

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. Company Executives and Board of Directors Executives and board members provide high-level oversight and governance for the organizations projects.