Stakeholder analysis in project management is the process of identifying the individuals or groups that are likely to affect or be affected by a proposed action, and sorting them according to their impact on the action and the impact the action will have on them. This information is used to assess how the interests of…
Tag: Project Management
Define A Complete Risk Log Using This Template
A Risk Log/Register is a Risk Management tool commonly used in risk management and compliance . It acts as a central repository(Our Risk Log Template will cover all bases ) for all risks identified by the organization and, for each risk, includes information such as source, nature, treatment option, existing counter-measures, recommended counter-measures and so…
Building Trust the Key to Exercising Influence
We all know people who have influence but whom we do not trust; these individuals are often referred to as “political animals” or “jungle fighters.” While these individuals are often very successful in the short run, the prevalent sense of mistrust prohibits long-term efficacy and hinders them from building trust. Successful project managers not only…
Ethics in Project Management
The idea of ethics has already arisen in my previous articles where I have discussed padding of cost and time estimations, exaggerating pay-offs of project proposals, and so forth. Ethical dilemmas involve situations where it is difficult to determine whether conduct is right or wrong. Is it acceptable to falsely assure customers that everything is…
Managing Upward Relations Like A Boss
Research consistently points out that project success is strongly affected by the degree to which a project has the support of top management and that ties directly into your ability to handle managing upward relations. Such support is reflected in an appropriate budget, responsiveness to unexpected needs, and a clear signal to others in the…
Leading by Example
A highly visible, interactive management style is not only essential to building and sustaining cooperative relationships, it also allows project managers to utilize their most powerful leadership tool—their own behavior, thus creating what is called leading by example. Often, when faced with uncertainty, people look to others for cues as to how to respond and…
Management by Wandering Around
Once you have established who the key players are that will determine success, then you initiate contact and begin to build a relationship with those players. Building this relationship requires a management style employees at Hewlett-Packard refer to as “management by wandering around” (MBWA) to reflect that managers spend the majority of their time outside…
Network Building Methods
The first step to social network building is identifying those on whom the project depends for success — Mapping Dependencies. The project manager and his or her key assistants need to ask the following questions: Whose cooperation will we need? Whose agreement or approval will we need? Whose opposition would keep us from accomplishing the project?…
How To Be An Effective Project Manager in a World Full of Contradictions
An effective project manager has to be able to deal with the contradictory nature of his work. Why would I say that, well here is my view: Project management is, at first glance, a misleading discipline in that there is on inherent logic in the progression from formulating a project scope statement, creating a WBS,…
Managing versus Leading a Project
I will begin with a brief discussion on managing versus leading a project. Then in a subsequent article I will move to tackle the importance of managing project stakeholders. I couldn’t wait to be the manager of my own project and run the project the way I thought it should be done. Boy, did I…