¥ Stakeholders are people who have a stake or interest in the project.
¤ It is important that they be identified as early as possible, because PMs need to set up adequate communication channels with them right from the start.
¥ Stakeholders might be:
¤ internal to the project team
¢ under the direct managerial control of the project leader
¤ external to the project team but in the same organization
¢ Example:
¤ assistance of the information management group
¤ assistance of the users
¢ The commitment of the people involved has to be negotiated
¤ totally external to the organization
¢ Example:
¤ Customers/users who will benefit from the system that the project implements
¤ Contractors who will carry out work for the project
¥ LEVELS OF DECISION MAKING & INFORMATION:
¤ Strategic Decision Making
¢ essentially about deciding objectives
¤ Tactical Decision Making
¢ ensures that the objectives are fulfilled
¤ Operational Decision Making
¢ relates to the day-to-day work of implementing the project
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