Case Study: Stakeholder Analysis for Acme Company Project Success

This case study examines Acme Company's strategic initiative to improve project management efficiency through stakeholder analysis. The analysis, driven by CEO Ms. Jackson, addresses the problem of project waste and aims to professionalize project management teams. The project overview includes investments in training and development, with expected benefits such as cost savings and a 12% internal rate of return. The study provides a preliminary stakeholder analysis, financial considerations, risk assessment, and a detailed timeline. Recommendations focus on stakeholder management, investment strategies, and maximizing returns. The conclusion emphasizes the importance of effective capital allocation and project execution for future organizational growth. The document includes financial projections and appendices with supporting data, and is a comprehensive analysis of a real-world business case.

0
Running head: STAKEHOLDER ANALYSIS
STAKEHOLDER ANALYSIS
Name of the Student
Name of the University
Author’s Note

1STAKEHOLDER ANALYSIS
Table of Contents
Introduction......................................................................................................................................2
Background of the Business Problem..............................................................................................2
Strategic Case..................................................................................................................................2
Project Overview.............................................................................................................................3
Expected Benefits............................................................................................................................3
Preliminary Stakeholder Analysis...................................................................................................3
Financial Consideration...................................................................................................................5
Risks................................................................................................................................................6
Timeline...........................................................................................................................................6
Recommendations............................................................................................................................7
Conclusion.......................................................................................................................................8
References........................................................................................................................................9
Appendix........................................................................................................................................11

2STAKEHOLDER ANALYSIS
Introduction
Every projects that are being undertaken by any firm should be financially viable as well
as should be accompanied by operational effectiveness. If both of the case takes place in that
case managerial efficiency can raise the productivity of the project and ensure that it can be
managed and investment on the project is feasible (Andersen, 2016). The paper deals on a
particular case of Acme Company and through stakeholder analysis the attainability of the
project is being examined
Background of the Business Problem
The business problem encompasses the aspect of strategic endeavor that should be
undertaken by Ms. Jackson order to manage the organizational projects as well as enhance the
expertise of its project managers. Ms. Xin Xue is consulted since she have companies
experience as internal project management expert that effective management of funds and
investing them tip of ensuring higher future earnings from present investment believes that the
company can save its money and reinvest for future growth of the organization (Martinelli &
Milosevic, 2016).
Strategic Case
Jackson highlights the importance of saving money and investing optimally so that not a
single penny investment get wasted rather all the investment are effectively utilized in order to
obtain maximized future earnings from the projects. In order to accomplish this objective the
data of management institute named as pulse of the profession is been considered and in
accordance with its reports it is being seen that with respect to per 1 billion investment by the
farm 122 million dollars which is near by 12.2% of the actual investment gets wasted in case of

3STAKEHOLDER ANALYSIS
the Acme company. Hence the background of the business problems are circumscribes the fact
that there is crucial necessity to facilitate effective training and boost the project managers so
that they can invest the right amount of fund which will effectively bring forward over at least
equal future earnings but not less from the initial investment (Sánchez, 2015).
Project Overview
View of the project that approximately $ 300, 000 should be investment in the next 12
months followed by another investment of $ 3500, 000 in the consecutive year. Between this
initiatives the project management model requires the investment of $ 175, 000 more for 1
effectively accomplishing facilitation program for training and development of the project
managers and ensure a feasible practice investment and ensuring that the wastage of money with
respect to per unit investment is nullified. The project investment should be able to on savings
which will help in getting reinvested for future growth of the organization.
Expected Benefits
The expected benefits through the inflow capital is been observed as the company
experiences a savings of 3% in the first year as well as 4.5 &% in the second year and so on. The
assumption that are taken under consideration in the project management model is that all the
stakeholders related to the organization are being trained after the investment of $ 175, 000 is
made as well as the internal rate of return that is expected by the firm is 12% which is the
internal rate of return followed by considering the cost of capital of the discounting rate to be
6%.

4STAKEHOLDER ANALYSIS
Preliminary Stakeholder Analysis
Every project work is based upon the evaluation, negotiation, decision tree, identification
as well as approval and the effective monitoring of the undertaken activities that are important
for the project. In this project there are various stakeholders among which the project managers,
agencies as well as the financial authorities, field workers, directors, etc. all takes equal role for
the success of the project. Hence all are considered to be the stakeholders of the organizational
projects since they renders impact upon the project as well as get impacted by the project in
return. The following table provides a Preliminary Stakeholder Analysis regarding Acme
Company.

5STAKEHOLDER ANALYSIS
Type of
Stakeholder
Stakeholder
Expectation(
s)
Stakeholder
Interest(s)
Influence on
Project Result
Stakeholder
management strategies
Internal or
External
High level
needs or
expectations
for the
project
and/or
product
High/
Med/Low
Supporter/
Opposed/ Neutral
Strategies and tactics to
maximize positive
stakeholder influence
and minimize or
neutralize negative
stakeholder influence.
Ms. Jackson
Project
Director
High Supporter
Motivation from the
higher authorities
Ms. Xin Xue
Project
manger
High Supporter
Support of the higher
Authorities
Project
Organizer
Project
Organizer
Low Neutral
Facilitation of Training
initiatives by the
Project managers
Field
Workers
Implementer Low Neutral
Providence of Training
& Development by the
Superiors and the
experience holders
Accountants
Financial
Advisors
Low Supporter
Efficient allocation of
Funds in order to
optimize the
performance of invested
capital and minimize
wastage of capital
Channelizing the funds

6STAKEHOLDER ANALYSIS
Financial Consideration
Taking all the data and the assumptions under the financial consideration find that if the
companies able to run the projects for 14 years then the inflow of cash will be able to flow of
cash followed by generating a positive net present value and hence the project should get
accepted. It will be approximately 5 years why the discounted payback period is 13 years. The
profitability index shows that the profitability of the firm is positive and hence the project can
ensure that a savings of $ 364, 069 can be made which will have the opportunity investment in
father projects followed by obtaining a higher future earnings with respect to the present
Investments (Heldman, 2018).
Risks
The risk associated with this project is regarding handling the stakeholders after
analyzing that each and every stakeholders which impacts upon the company's performance and
developed towards maximizing the objective of the firm (Eskerod & Jepsen, 2016). The risk is
also associated with the timeline that will be required for initiating the project scenes before
training the personnel it will not be possible to initiate the project. The timeline as well as the
cost of the crucial risk that the firm has to bear.
Timeline
The timeline for the accomplishment of the project for effective stakeholder’s analysis
can be incorporated as follows:
Task
Mode
Task Name Duration Start Finish Predecessors
Manually Project Management 150 days Thu 24/01/19 Wed 21/08/19

7STAKEHOLDER ANALYSIS
Scheduled
Manually
Scheduled
Project Planning 40 days Thu 24/01/19 Wed 20/03/19
Manually
Scheduled
Existing Situation
Analysis
10 days Thu 24/01/19 Wed 6/02/19
Manually
Scheduled
Stakeholder Analysis 10 days Wed 6/02/19 Tue 19/02/19 3
Manually
Scheduled
Allocation of funds in
Activities
20 days
Wed
20/02/19
Tue 19/03/19 4
Manually
Scheduled
Project Reporting 80 days
Wed
20/03/19
Tue 9/07/19
Manually
Scheduled
Facilitation of Training
& Development of
Project Managers
20 days
Wed
20/03/19
Tue 16/04/19
Manually
Scheduled
Project Outflows 15 days
Wed
17/04/19
Tue 7/05/19 7
Manually
Scheduled
Analyzing Project
Inflows
30 days Tue 7/05/19 Mon 17/06/19 8
Manually
Scheduled
Project Closure 30 days Tue 18/06/19 Mon 29/07/19
Manually
Scheduled
Analyzing Final Results
& Signifying
18 days Tue 18/06/19 Thu 11/07/19

8STAKEHOLDER ANALYSIS
Interpretation
Manually
Scheduled
Final submission of the
project Report
12 days Fri 12/07/19 Mon 29/07/19 11
Recommendations
It is recommended that the company focus on the timeline that is required for training and
development of all the stakeholders that are involved in the project management practice for the
organization it is also recommended that the firm should give priority to the management of its
stakeholders followed by empowering them to meet organizational goals through the undertaken
projects (Bourne, 2016). Its money on long term basis and ensure the investments are effectively
made based on the allocated funds on each and every activities at will lead to maximizing of the
fulfillment of the project successfully. Apart from that the farm should not only concentrate on
the internal rate of return but also the future earnings from the present investment that are being
made for the project. Of the capital investments as well as other resources optimally the crucial
aspect of concern for the organization.
Conclusion
. Conclusion can be drawn on the fact that Ms. Jackson can opt for the project followed
by investing the right amount of capital and allocating the funds effectively on the activities that
will be required for accomplishing the objective of future growth for the organizations from the
savings that are being made by the proportion by which the future islands is higher than the
present investment in the projects.

9STAKEHOLDER ANALYSIS

10STAKEHOLDER ANALYSIS
References
Andersen, E. S. (2016). Do project managers have different perspectives on project
management? International Journal of Project Management, 34(1), 58-65.
https://www.sciencedirect.com/science/article/pii/S0263786315001465
Bourne, L. (2016). Stakeholder relationship management: a maturity model for organisational
implementation. Routledge. https://www.taylorfrancis.com/books/9781317050629
Eskerod, P., & Jepsen, A. L. (2016). Project stakeholder management. Routledge.
https://www.taylorfrancis.com/books/9781351908399
Eskerod, P., Huemann, M., & Savage, G. (2015). Project stakeholder management—Past and
present. Project Management Journal, 46(6), 6-14.
http://journals.sagepub.com/doi/abs/10.1002/pmj.21555
Heldman, K. (2018). PMP: project management professional exam study guide. John Wiley &
Sons. https://books.google.co.in/books?
hl=en&lr=&id=XB9KDwAAQBAJ&oi=fnd&pg=PP1&dq=Stakeholder+Analysis+
%26+Project+management&ots=l25dZyO6xN&sig=ZUmuWR7JiZ67yIhgxND60DU_k-
0
Martinelli, R. J., & Milosevic, D. Z. (2016). Project management toolbox: tools and techniques
for the practicing project manager. John Wiley & Sons.
https://books.google.co.in/books?
hl=en&lr=&id=SbA7CwAAQBAJ&oi=fnd&pg=PR15&dq=Stakeholder+Analysis+
%26+Project+management&ots=tR5QMMKgYJ&sig=ejziFLtFtxh_U7iigjjgMuCpwKM

11STAKEHOLDER ANALYSIS
Sánchez, M. A. (2015). Integrating sustainability issues into project management. Journal of
Cleaner Production, 96, 319-330.
https://www.sciencedirect.com/science/article/pii/S0959652614000250

12STAKEHOLDER ANALYSIS
Appendix

13STAKEHOLDER ANALYSIS

14STAKEHOLDER ANALYSIS

15STAKEHOLDER ANALYSIS
Acme Company
Y
e
a
rs
Cas
h
Out
flo
w
1 Pr
oj
ec
t
Re
lat
ed
W
or
k
300
000
0
2 Pr
oj
ec
t
Re
lat
ed
W
or
k
350
000
0
1 Tr
ai
ni
ng
Pr
og
ra
m
175
000
To
tal
Ini
tia
l
O
utf
lo
w
667
500
0
y

16STAKEHOLDER ANALYSIS
Y
e
a
rs
Total
Cash
Outflo
w
1
0
667500
0
Y
e
a
rs
Cas
h
Infl
ows
(FV
)
Cu
mul
ativ
e
Cas
h
Infl
ow
s
Pay
bac
k
Peri
od
PV at
WACC
=FV/((
1+k)^n
)
Coll
ecte
d
Pay
bac
k
Dis
cou
nte
d
Pay
bac
k
Per
iod
W
AC
C(
k)
k
%
1
+
k
1 200
250
200
250
188915
.0943
188
915.
094
3
$2,23
7,210
.14
0.0
6
6
%
1
.
0
6
2 300
375
500
625
267332
.6807
456
247.
775
3 400
500
901
125
336267
.5229
792
515.
297
9
4 500
625
140
175
0
396541
.8902
118
905
7.18
8
5 600
750
200
250
0
5.27
777
777
8
448915
.3473
163
797
2.53
5
6 700
875
270
337
5
494089
.2188
213
206
1.75
4
13.
263
15
7 801
000
350
437
5
532710
.748
266
477
2.50
2
8 901
125
440
550
0
565376
.9731
323
014
9.47
5
Initia
l cash
outfl
ow
To
tal
Ca
sh
N
P
V
of
Re
ma
rks

17STAKEHOLDER ANALYSIS
Inf
lo
w
the
pr
oje
ct
2
9 100
125
0
540
675
0
592638
.3366
382
278
7.81
2
6675
000
70
39
06
9
36
40
68.
7
Ac
cep
ted
1
0
110
137
5
650
812
5
615002
.0474
443
778
9.85
9
1
1
120
150
0
770
962
5
632935
.2118
507
072
5.07
1
Profit
abilit
y
Index
0.0
94
82
2
1
2
130
162
5
901
125
0
646867
.7479
571
759
2.81
9
1
3
140
175
0
104
130
00
657195
.0994
637
478
7.91
8
1
4
150
187
5
119
148
75
664280
.7609
703
906
8.67
9
703906
8.679