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BSBPMG522 Undertake Project Work Assessment Solved

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Project stakeholders are directly and indirectly related with the any project. Stakeholders obtain benefits from a project (Ponnappa, 2014). They have also specific interest related to the project. Their concerns, priorities and expectations are different to each other. Stakeholders are mainly two types. Here, the internal stakeholders are as follows:

Internal Stakeholders

Roles

Shareholders

Shareholders are the important internal stakeholders of an organization. They provide fund in the project to get good return (Randolph, 2014).

Project Team

Project team is mainly responsible for developing and implementing the project (Indelicato, 2013). They carry out all activities required to complete the project within time and budget.

Senior Management

Senior management is responsible for approving the project (Heagney, 2012). Without their approval, project cannot be commenced.

Functional Manager

Functional managers are also directly related with the project. Functional manager offers their staff to take part in the project (Cooke, Tate and Cooke, 2011).

Shareholders should be invited in first meeting because fund will come from them.

1.2

Internal Stakeholders

Importance

Shareholders

To identify whether shareholders agreed with the project or not (Gido and Clements, 2012).

Project Team

Project team is responsible for the main part of the project.

Senior Management

Senior management responsible for planning and formulating the strategy.

Functional Manager

Functional manager help in completing different functional activities related to the project.

1.3

Internal Stakeholders

Requirements

Shareholders

According to law, the decision of shareholders is necessary for upgrading new system. Secondly, shareholders are required for financing purpose (Clements and Gido, 2012).

Project Team

The activities of a project will be done by the project team. Their objective to complete the entire task within the stipulated time covering all the tasks.

Senior Management

Senior management provides the decision whether to start the project or not after analyzing the entire thing of the project. Senior management also formulates the strategy regarding the project.

Functional Manager

Certain number of manpower is required for completing task. Functional manager provides the manpower and supervise them for doing the task of the project.

1.4

Date: 20.10.2015

Time: 09:00 am

Location: Conference Room

Expected Participants: Shareholders, Project Team, Senior Management and Functional Manager

Agenda Items

Item

Time

Topic

1

9:00 am – 9:10 am

Opening session

2

9:10 am  - 10:00 am

Presentation of entire project by CEO

3

10:00 am – 12:00 am

Question and answers session

4

12:00 pm – 1:00 pm

Discussion on issues

5

1:00 pm – 1:05 pm

Agreement on date for follow-up meeting

6

1:05 pm – 1:10 pm

Closing session

Part 2

External Stakeholders

Roles

Clients or Customers

The purpose of the project is to fulfill the requirement of the customers (Morris, 2013).

Suppliers

Suppliers provide the instruments and equipment required for new project (Silvius, 2012).

Government Representative

The permission of government is also vital for implementing new project (Malinowski, 2011).

General Public

General public is also linked with the new project. General public will get the benefit from the new project (Gasik, 2011).

 

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