This paper deals with project management in practice. It is divided into two parts. The first part provides an overview of stakeholder management, which is considered to be an important aspect of contemporary project management. The different stakeholder management approaches and the associated methods of analysing stakeholders and appropriate strategies are identified. Furthermore, multiple views on stakeholder management and best practice will be considered and reviewed with case studies of well-known international projects being used to highlight the theory-practice gap.
The second part provides a detailed project plan of a one day charity golf tournament and dinner with victory ceremony. It includes the scope statement, work-breakdown-structure, cost-breakdown-structure, organisational-breakdown-structure, critical path, project timing and risk, stakeholder analysis, control and monitoring and project closure.
Inhaltsverzeichnis (Table of Contents)
- Part A
- Introduction
- Literature Review
- Best practice
- Case Studies
- Conclusion
- Part B
- Introduction
- Scope statement
- Project deliverables
- Project objectives
- Project goals
- Project milestones
- Technical requirements
- Assumptions/Limitations
- Customer expectations
- Work-Breakdown-Structure
- Cost-Breakdown-Structure
- Project Budget
- Organisational-Breakdown-Structure
- Project Timing – Gantt chart
- Critical path
- Project risk and mitigation
- The risk management process
- Risk identification
- Risk assessment
- Risk matrix
- Risk response development
- Stakeholder analysis
- Stakeholder matrix
- Stakeholder register
- Communications management plan
- Control and Monitoring
- Contractual considerations
- Project Closure
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper aims to identify different stakeholder management (SM) approaches and associated methods for analyzing stakeholders and strategies for dealing with them. It reviews multiple perspectives on SM and best practices, using case studies to highlight the theory-practice gap. The work explores the evolution of managerial thinking, emphasizing the shift from a shareholder-centric model to a more holistic approach incorporating stakeholder interests.
- Stakeholder Management Approaches and Methods
- The Theory-Practice Gap in Stakeholder Management
- Evolution of Managerial Thinking and Stakeholder Focus
- Stakeholder Analysis and Classification
- Developing Stakeholder Management Strategies
Zusammenfassung der Kapitel (Chapter Summaries)
Part A Introduction: This introductory section sets the stage for the entire paper by establishing the significance of stakeholder management (SM) within project management (PM). It clearly states the paper's objective: to explore diverse SM approaches, analysis methods, and strategies. The introduction highlights the intention to examine contrasting viewpoints on SM and best practices, using case studies to illuminate the discrepancies between theoretical frameworks and practical application.
Part A Literature Review: This chapter delves into the historical evolution of managerial thought, tracing the shift from a primarily shareholder-focused model to a more inclusive, stakeholder-centric approach. It discusses the growing importance of business ethics and the role of SM in achieving project success. The chapter reviews different stakeholder classification systems, including internal/external, contractual/community, and those based on threat/cooperation and power/legitimacy/urgency. Key findings from Karlsen (2002) regarding stakeholder importance are presented, emphasizing the significant role of clients and end-users. The chapter also touches upon the need for developing a comprehensive stakeholder register to guide project management strategies.
Schlüsselwörter (Keywords)
Stakeholder management, project management, stakeholder analysis, stakeholder classification, best practices, case studies, managerial thinking, business ethics, theory-practice gap, stakeholder register, project success.
FAQ: Comprehensive Language Preview
What is this document?
This is a comprehensive language preview providing an overview of a paper focusing on stakeholder management within project management. It includes the table of contents, objectives and key themes, chapter summaries, and keywords.
What topics are covered in Part A?
Part A covers an introduction to stakeholder management in project management, a literature review exploring the evolution of managerial thinking and stakeholder classification systems, best practices in stakeholder management, relevant case studies, and a concluding summary.
What topics are covered in Part B?
Part B delves into the project management aspects related to stakeholder management. This includes a scope statement, project deliverables, objectives and goals, milestones, technical requirements, assumptions and limitations, customer expectations, work and cost breakdown structures, project budget, organizational structure, project timing (Gantt chart), critical path analysis, risk management (identification, assessment, response), stakeholder analysis (matrix and register), communication management, control and monitoring, contractual considerations, project closure, and a concluding summary.
What are the main objectives and key themes?
The paper aims to identify different stakeholder management approaches and methods, analyze the theory-practice gap, explore the evolution of managerial thinking from shareholder-centric to stakeholder-centric models, classify stakeholders, and develop effective stakeholder management strategies.
What are the chapter summaries?
The summary for Part A's introduction highlights the paper's objective to explore diverse stakeholder management approaches, analysis methods, and strategies, emphasizing the examination of the theory-practice gap using case studies. The literature review summary details the historical evolution of managerial thought, the growing importance of business ethics, various stakeholder classification systems, and the significant role of clients and end-users, emphasizing the creation of a comprehensive stakeholder register.
What are the key words associated with this paper?
The keywords include Stakeholder management, project management, stakeholder analysis, stakeholder classification, best practices, case studies, managerial thinking, business ethics, theory-practice gap, stakeholder register, and project success.
What is the overall structure of the document?
The document is structured to provide a concise overview of a research paper on stakeholder management. It begins with a table of contents, followed by a statement of objectives and key themes, chapter summaries, and concludes with a list of keywords. The table of contents is highly detailed, outlining the key components of both Part A and Part B of the research paper.
What is the focus of the literature review?
The literature review focuses on the historical evolution of managerial thinking, specifically the shift from shareholder-centric to stakeholder-centric models. It also covers various stakeholder classification systems and highlights the importance of business ethics in achieving project success. Key findings from existing literature, such as Karlsen (2002), are also incorporated.
How are case studies used in this research?
Case studies are used to illustrate the practical application of stakeholder management theories and highlight the discrepancies between theoretical frameworks and real-world application, emphasizing the "theory-practice gap."
What is the intended audience of this document?
This document is a preview intended for academic use, facilitating analysis of themes in a structured and professional manner.
- Quote paper
- BA MSc Christoph Müller (Author), 2011, Charity Golf Tournament Project Plan, Munich, GRIN Verlag, https://www.grin.com/document/186958
