Question

In: Operations Management

Describe the strategy that will be used to manage stakeholders for the Water Cube project. Describe...

Describe the strategy that will be used to manage stakeholders for the Water Cube project.

Describe the purpose of a stakeholder management strategy.

Describe the methods that will be used to identify project stakeholders.

Describe the methods that will be used to determine stakeholder communications requirements.

Solutions

Expert Solution

Answer:

Strategy that will be used to manage stakeholders for the Water Cube project :

The strategy to manage the stakeholders for the water cube project is as below

  • Detailed interaction with stakeholders to understand their expectations from the water cube project, so that project aligned as per the expectations of their stakeholders.
  • Develop a plan for periodic project review and update with the stakeholders of the water cube project, so that they gets the timely required information for the project.
  • Drive the water cube project as per the expectation of the stakeholders so that the project gets the best support from their stakeholders for smooth implementation of the project.

Purpose of a stakeholder management strategy: The purpose of stakeholder management strategy is to ensure that the project gets the right attention and support from the stakeholders to unblocks the major road blocks for the project, so that the project can be completed smoothly and avoid any potential issue or problem due to lack of proper support from the stakeholders.

Methods that will be used to identify project stakeholders: Following methods will be used to identified stakeholders as below

  • Review the project with the senior management and get their inputs on stakeholders
  • Method of understanding the key affected departments and peers due to this project, thus those will be the stakeholder for the project.
  • Project sponsor, financer, resources provider etc are the people who are supporting the project and will be the key stakeholder for the projects.
  • The customers / firms going to affect by this project will be the stakeholder of this project.

Methods that will be used to determine stakeholder communications requirements:

The method used for this will be as having a review process with stakeholder on their requirement of communication in terms of frequency of communication, content of communication, mode of communication etc. So based on the communication inputs from the stakeholder, the communication plan will be developed and will be adhered during the project execution.


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