Project Management: Stakeholders, Time Estimation, Human Resource and Organization of Work

Running head: PROJECT MANAGEMENT
PROJECT MANAGEMENT
Name of the Student
Name of the University
Author Note

2PROJECT MANAGEMENT
Table of Contents
Part A.........................................................................................................................................3
Part B..........................................................................................................................................3
Part C..........................................................................................................................................3
References..................................................................................................................................5

3PROJECT MANAGEMENT
Part A
Stakeholder 1: Buyer – The main prospective which is related to the buyer is that
they can easily indulge into the different buying over the concept of the product. The main
aspect which can be related to the concept is the privacy and the safety of the personal
information of the user (Layton & Ostermiller, 2017). They can be considered as one of the
most important stakeholders in the concept. The buyer directly indulge into the working of
the organization as they directly alter the internal as well external working of the
organization. It should be a focus point and the alteration of the business planning and the
working (Kerzner & Kerzner, 2017).
Stakeholder 2: Designer – The concept which is applied to the aspect of the designer
is selling of the product online without any store involved in the process. The main issue
which is related to the aspect is that it is very much hard to convince the user to buy the
product online. This can be considered as one of the most important sector which directly
play a role in the mind of the customer so that they have an urge to involvement into the
concept.
Stakeholder 3: Competitor – The main prospective of the aspect is that the
competitive advantage of the sector of the business can be increased with keeping track of the
competitors. The competitors can be very much important due to it buffers the normal
working of the organization so that they gain advantage. The competition play a very vital
role as it alters the normal working of the organization. As the field of competition it can be
stated that the working of the organization would be directly delivering the desired sector of
the business planning (Layton & Ostermiller, 2017).
Stakeholder 4: Companies – The main functionality of the companies is to directly
inform the customers about the new product which has been launched. This is majorly done