therefore the stakeholders from any project should be managed by the organizations with the outlook to minimize the negative impacts and make sure that there are no obstacles in the way of a successful project. if we are able to identify as many stakeholders in a construction project, the construction industry should be able to manage their expectations in a proactive way from the first moment of the project. in this sense, an organization should be able to identify those stakeholders who can create an uncertain risk or a power over the project.
in order to achieve a more successful project result , the project director should be skillful in the management of the different stakeholders during the whole process of the project, from the beginning until after the building of it. csr which could also be understood as a voluntary social and environmental concern in the business transaction and the interactions with the stakeholders (enquist, 2006). the stakeholder management should include the management of their relation with the project and the organization in order to support their objectives. the organizations from the building construction sector should implicate their moral obligations with the project stakeholders and agree in the results how it can impact in the business case.
in a typical construction project, any or all of the following may be a stakeholder: direct stakeholders are those directly associated or involved in the project. positive stakeholders are those who are likely to have a favourable impact on a project. negative stakeholders are those who are likely to have a detrimental impact on a project. stakeholders are further differentiated between those with legitimacy and power, and those without it, as this will influence the degree to which they can affect the project, whether positively or negatively: in order to run a successful project it is important to address the needs of the projects stakeholders, effectively predicting how the project will affect them and how they can affect the project.
a common technique is the stakeholder matrix or stakeholder map which allows the priority level of the stakeholder to be assessed using the power and legitimacy criteria previously described. since the secondary stakeholders with higher power but lower legitimacy need to be kept onboard they should be consulted in order to seek their opinions and input for key decisions that directly or indirectly affect them. the management should work directly with these stakeholders to ensure that their concerns are consistently understood, considered, and reflected in the projects development. to this use a square split it into four smaller squares, label the bottom of the square interest and the left side of the square power.
the stakeholder management should include the management of their relation with the project and the organization in order to support their objectives. in this during the development stages of a project, a stakeholder management strategy should be developed. an organisation should consider the following the stakeholder management plan details the project’s activities related to engaging stakeholders and making the most effective use of their participation. the, stakeholder management plan example pdf, stakeholder management plan example pdf, stakeholder management plan construction example, stakeholder management plan template, construction stakeholder management pdf.
analyze stakeholders: conduct a stakeholder analysis, or an assessment of a project’s key participants, and how the project will affect their problems and needs a stakeholder management plan is a written document that outlines how your team plans to manage the goals and expectations of key stakeholders the process of monitoring overall project stakeholder relationships and adjusting strategies and plans for engaging stakeholders. inputs: project management, stakeholder management plan template word, stakeholders in construction industry pdf, role of stakeholders in construction project, who are stakeholders in construction project, role of stakeholders in project management, internal and external stakeholders in construction project, stakeholder analysis, indirect stakeholders examples, identify stakeholders, internal stakeholders in construction industry.
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