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PM Expert Review! Mr. Jeff Hoblitt, a lead project management expert

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Optimizing Stakeholder Engagement

  Stakeholders are individuals or organizations who are involved in the project, or whose interests are positively or negatively affected by the result of the project. Stakeholders are essential as the project’s success or failure largely depends on the fulfillment of stakeholder’s needs or expectations. Due to this, the engagement of stakeholders intrinsically becomes an essential part of project management. The key to effective stakeholder engagement is “planning.” One has to systematically identify and prioritize stakeholders, along with establishing proper communication modes with them. So let’s look at the steps in the strategy to develop and optimize stakeholder engagement.   1. Stakeholder Identification The first step is to identify who all are being affected by the projects. It would be best if you considered all the individuals, interest groups, and right holders who would have an interest in the project. If you are running the project for a client, you may b...

https://certplanner.blogspot.com/2019/11/qualities-essential-for-effective.html

Knowing project management jargon is the very first step for both preparation of standard project management exams and being a part of or handling a project. While acquaintance with PM terms is considered a primary step, not knowing the project management tongue can easily lead to miss-communication and eventually to critical loss during the project execution.   So, let’s revise the project management glossary to identify some standard terms that you may come across or should know as a project manager or as an associate working on any project. 1. Activity:  PMBOK V6 defines it as the smallest portion of a project used in planning, tracking, and control. It is also identified as an amount of work performed that converts inputs into appropriate output. 2. Assumptions:  Assumptions are listed factors while dealing with the statement of work. It contributes to ensuring the validation and result of a project. 3. Backlog:  Backlog is essentially everything tha...