Project Management Success Series: Part One

Pinnacle Business Systems www.pbsnow.com

Project Management Part One:Know Your Stakeholders

Brandy shares her 15 years of experience in project management and has created a six-part series highlighting key elements to a projects success, specifically in the IT management industry.

Brandy Semore, Pinnacle’s Operations Manager

Follow these actionable steps to help improve the outcome of projects you lead or participate in at your organization.


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Getting to Know Your Stakeholders

The first step to ensure the success of your project is to identify and know your stakeholders. This can easily be done by:

•Brainstorming with those already engaged in the project design process.•Understanding what the project is trying to accomplish to understand those who will be impacted. It’s those who are impacted that should be considered a stakeholder.


Questions to Help Identify Stakeholders

• Who is affected positively or negatively by the project?• Who gains and who loses from it?• Who wants it to succeed and who wants it to fail?• Who makes the money decisions?• Who are the positive and negative opinion leaders?• Who exercises influence over other stakeholders?• Who could solve particular problems?• Who controls, provides or procures resources and facilities?• Who holds the skills required by the project?


Prioritize Your Stakeholders

Start this by considering the influence each stakeholder has over and within a project, as well as their level of interest in the project due to the impact it may have on them.

A good rule of thumb when prioritizing your stakeholders is to keep in the mind the well-known power/interest grid for stakeholder prioritization.


Power/Interest GridHIGH

LOW

IMPO

RTAN

CE

HIGH

INFLUENCE

Final Thoughts

Once you have identified your stakeholders and prioritized them accordingly, you have increased your position statistically to completing a successful project.

Now you have brought more ideas and perspectives to the table, gained buy-in and support, avoided blind spots and increased the credibility of your position and project.


Project Management Success: Part 2 Know Your Requirements


Learn More

Have questions for Brandy? Email her at [email protected]. Visit our website to learn more about Pinnacle Business Systems.

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Project Management Success Series: Part One

Technology

Transcript of Project Management Success Series: Part One