Managing Stakeholders: The Myth and the Reality


Home  >  Articles  > 
Managing Stakeholders: The Myth and the Reality

Mark Mullaly, PMP

March 30, 2009







Imagine the perfect project:
 
The organization faces a key challenge. Stakeholders quickly rally to the cause. Consultations are held, requirements are defined and all involved find constructive ways to compromise, balancing their needs with those of the larger organization. A fully agreed upon statement of requirements is put in place, and work begins on the solution. With clarity and guidance already firmly established, progress is made rapidly and a responsive solution is deployed to a waiting and eagerly adoptive community. Business results are exceptional, and everyone looks fondly back on the project experience, wishing they could do it over and hoping that there will be another one like it.
 
Alright, nap time’s over. Wake up princess…time to quit daydreaming, it’s back to reality. We all know project life isn’t really like that, so there’s no point in really hoping, is there?
 
But why not? What is it about projects and organizations that make what should be a simple, straightforward exercise so unattainable? After all, if we all desire the outcome, why shouldn’t it be easier to attain? What is it about projects that make negotiating and gaining agreement on stakeholder requirements so uniquely and perversely difficult? And what can be done to make the process easier?
 
Probably one of the biggest challenges in terms of managing project stakeholders is simply the existence of competing interest.



Please login/register to read the entire article.





sponsored announcements and special offers
Build and deploy interactive reports and dashboards — without any hidden costs. Our in-the-cloud free trial lets you see for yourself — no download required. SAP Crystal Reports Server 60-day Free Trial


Get a business advantage. With a Services Dashboard, you're in the driver's seat. Solid benchmarks allow you to prioritize initiatives, monitor improvements and understand the business impact of best practices on your services organization. Read now.

Improve your company's efficiency and effectiveness, no matter its size. Download the SAP whitepaper Business Intelligence: The Definitive Guide for Mid-Size Organizations.

Online Lean Six Sigma Certificates
Earn certificates 100% Online from Purdue University, and gain knowledge in lean and six sigma. Lead improvements in your organization with skills learned. Courses start soon and space is limited. Click here for more info.

Online Project Mgmt Certificates
Earn project mgmt certificates 100% Online, and gain knowledge in foundations to PMP Prep. Skills apply directly to any industry. Save $1000 and get a FREE PMP Prep course w/ your certificate through 7/31/10. Click Here



I hope if dogs ever take over the world, and they choose a king, they don't just go by size, because I bet there are some Chihuahuas with some good ideas.
- Jack Handey