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42908 - Engineering Project Preparation

   

Added on  2020-03-02

8 Pages1074 Words35 Views
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Running head: ENGINEERING PROJECT PREPARATIONEngineering Project PreparationName of the student:Name of the university:
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1ENGINEERING PROJECT PREPARATIONA1: Identify, Interpret and analyze stakeholder needsChange management referred to as one of the biggest challenges that most of theMultinational companies are facing due to lack of understanding regarding the requirement ofthe stakeholders. This reflective report focuses on the stakeholder’s requirement of IBM duringthe development of software. In order to minimize the organizational issues, the stakeholder’srequirements are needed to be understood by the management authority of the businessenterprise. The stakeholders of the organization are very much focused to their job roles and dueto this reason the development system of IBM is very much efficient to meet the requirement ofthe clients on allotted time and estimated budget as well. Not only this but also the stakeholdersmaintain the corporate social responsibilities accordingly. The stakeholder’s need are identified,interpreted and analyzed below:Name ofthestakeholderContactperson Impact ofthestakeholder of thebusiness Influence ofthestakeholder Responsibilityof thestakeholderContribution of thestakeholders Howtheprojectcouldbeblocked?Strategyformitigatingdifferentissues Financemanagers Chiefexecutiveofficer andprojectmanager High HighThefinancemanager ofthebusinessorganization isresponsible todevelop theprojectbudget.For thisparticularbusinessorganization thefinancemanagerhasdevelopeda softwaredevelopment projectbudget.However, Ifound thatStrike,recession. In orderto avoidthefinancialissuesthisstakeholder isrequiredtoestimatetheprojectbudgetat the
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2ENGINEERING PROJECT PREPARATIONBasedon thetype oftheprojectthat iswhether it isbasedonsoftwaredevelopmentor anyotheraspect,theprojectfinancemanager hastoestimate abudgetandconsidering thebudgettheprojectmanagercontactto theprojectsponsors andCEO aswell.However, iftheclientdeniesthe financemanagerhasconsideredall theresourcesandadditionalresourcesalso so thatduring thefurtherprogressperiod idany otherresource isneededthen thatcould beeasilyincorporated. veryinitialprojectdevelopmenetphase.
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