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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?

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Interim Investing and ESG: The Evolution of Investment Strategies in Projects

Green Project Management

In recent years, Environmental, Social, and Governance (ESG) criteria have rapidly moved from the fringes to the forefront of global investment strategies, profoundly influencing how projects are evaluated, financed, and implemented.

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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. While every project has stakeholders and those stakeholders can be anyone with influence or that can be influenced by the project. Types of Stakeholders. Stakeholder Examples. Stakeholder Analysis.

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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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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.

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The Stakeholder Salience Model and How to Use It

Rebel’s Guide to PM

This 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. Things that can’t wait? Dominant stakeholders.

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

They might be influenced by market conditions (risk appetite statements might change, for example, if the market suddenly gets a lot more competitive). But they are not the regulatory environment, government standards, or external environmental policies or regulations. They influence how we do the work.

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