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Stakeholder Engagement Management in a Student Name of the University

   

Added on  2021-04-16

12 Pages2550 Words107 Views
Running head: STAKEHOLDDER ENGAGEMENTTopic- Manage project stakeholder engagementName of the StudentName of the UniversityAuthor’s Note

1STAKEHOLDDER ENGAGEMENTTable of ContentsWritten Questions.......................................................................................................................31. Should stakeholders be involved in groups or segments...................................................32. Influencing stakeholders....................................................................................................33. Three examples of external stakeholders...........................................................................3Multiple choice questions..........................................................................................................4Task 1: Stakeholder engagement management..........................................................................5A) Stakeholder registers.........................................................................................................5b) An example of experiencing an issue that involved in differing interest of stakeholdersand describe process of resolving the issue............................................................................7c) Stakeholder Engagement Assessment Matrix....................................................................8d) Explanation of the variance between planned and actual engagement..............................8e) Suggestion for correcting stakeholder engagement...........................................................9f) Example where one can identify and clarify the expectation of the stakeholder in termsof organization.......................................................................................................................9g) An example that helps in identifying and addressing individuals development needs...10h) Examples of work distribution of the team and to ensure their operation within theirdefined roles.........................................................................................................................10i) An example of required team support in context to interpersonal skills in stakeholderengagement..........................................................................................................................11j) Reasons that are helpful in leading a variance in stakeholder engagement......................11k) Process that helps in agreeing stakeholders on the method of communication and levelof engagement planned........................................................................................................11l) An example of identifying variance in managing stakeholder communication...............12References................................................................................................................................13

2STAKEHOLDDER ENGAGEMENTWritten Questions1. Should stakeholders be involved in groups or segmentsStakeholders should be indentified as well as categorized into different groups inorder to maintain vital stakeholder’s relation. It is identified that the stakeholders of theproject are categorized into customers, employees, suppliers, investors as well as influencersin order to manage as well as complete the operation of the organization.2. Influencing stakeholdersThe stakeholders of the organization can be influenced by utilizing number ofstrategies which are elaborated below:Building trust: It is identified that stakeholders of the organization cannot beinfluenced without trust and therefore one of the most important decision of developing trustis by being transparent about the various decision that is made.Be clear about goals: It is very much necessary to clearly share the goals of theproject in order to ensure that the stakeholders understand the benefits that they will achievedue to the project. Proper illustration of project goal generally influences the stakeholders ofthe organization.Inspire confidence: Displaying confidence generally helps in influencing thestakeholders of the organization. If the stakeholders get to understand that the businessesconfidently talk about hard and cold facts they get persuaded very much easily.3. Three examples of external stakeholdersThe examples of external stakeholders are as follows:

3STAKEHOLDDER ENGAGEMENTCreditors: They are the lenders who eerily help the business in financing project,building as well as for purchasing assets.Partners: The organization that are engaged for enabling business to develop propershared visions, goals as well as strategies.Customers: They are considered as the most immediate external stakeholder withinan organization.Multiple choice questions4 a) Manage stakeholder engagement5 b) Stakeholder analyses6 b) Initial7 b) anyone positively or negatively impacted by the project8d) Organizational process assets9c) Manage Stakeholder engagement10 b) Transfer these stakeholder to the project supports group, and for this stakeholder adoptthe stakeholder management strategy defined for the project supports11a) Manage closely12a) Stakeholder register13 c) the organization’s culture and structure14b) Analyse options that might change or influence the chief financial officer’s perception15d) involve the stakeholders in decision making

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