Outline Of A Project Strategic Management - 1625 Words

MGMT6054- Project Strategic Management NAME: Osamudiamen Amadasun TEAM NAME: Fortitude DATE: September 28th 2015 PROFESSOR: David McKenna TITLE: Group, Stakeholder List MODULE: 3 INTRODUCTION The purpose of this project is to identify and outline at least fifteen stakeholders that would be involved with the construction of a bridge from Port Stanley to Cleveland and a brief description how each stakeholder listed influences or is influenced by this project. A stakeholder is defined as a group of individuals who play an important role in the execution of a project. They are impacted by the project and can contribute to either the success or failure of the project. Examples of stakeholders in a project would include project manager,†¦show more content†¦4 US and Canadian Government The US and Canadian government are very important stakeholders in this project because it deals with leaving the shores of their country. They must agree with one another their support is very vital to the success of the project which they cancel or suspend at any time. The government’s area of interest would be how the construction of the bridge would improve the economic growth of the country. 5 The Media Media also are stakeholders because through them information about the construction of the bridge goes to population. If the media provides bad feedback or no feedback at all, this will, probably, change opinion of masses against bridge building. So we can say their area of interest would be providing status of the project to the Citizens. 6 Bridge Users or commuters These are those who would commute using the bridge to crossover to the border. They are not very important when it comes to the implementation of the project. That is they have no say when it comes to making decisions about the project. Their specific area of interest is to know how safe the bridge would be to drive on and the traffic impacts that might occur. 7 Investors These are Individuals, groups or organizations that allocate capital for the execution of the project. They could affect the project if there is a delay in the release of funds or if sufficient funds are not provided by them. Their specific area of interest would be to begin reapShow MoreRelatedWhy Project Managers Need to Understand Business Strategy and the Strategic Management Process?1708 Words   |  7 Pages1) Introduction This report is produced to study the importance of aligning Project Management with Business Strategy and Strategic Business Process. Fundamentally, all Project Managers must have full comprehension of the bigger picture of an organization Business Strategy and its functional level game plan. This would help them with project operational level decision making as well alignment of projects alignment with corporate mission. . The report will be giving general analysis of inter relevanceRead MoreProject Proposal Essay1152 Words   |  5 Pagesseven to eight (7-8) page paper in which you: 1. Recommend a project portfolio management method for your selected project. Provide a rationale for your recommendation. Note: Be sure to align your project with the strategic efforst of the organization. 2. Create an outline of an executive summary that includes the type of problem, requirements, and proposed business problems solutions. 3. State the vision and the goal of the project. Note: Be sure that the goals are specific, Measurable, AttainableRead MoreStages Of The Software Development Life Cycle1218 Words   |  5 PagesCommittee should use to select and prioritize their projects. Three criteria that can be used to prioritize and select projects are mandatory changes, strategic alignment and risk assessment. First, mandatory changes can be driven by internal and external requirements, such as regulatory, procedural, policy or security. Second, strategic alignment helps the committee to identify how if and how closely the project aligns to the business strategic goals and objectives. Third, using risk assessmentRead MoreA Report On Motor Vehicle Administration822 Words   |  4 PagesMotor Vehicle Administration The Motor Vehicle Administration’s (MVA) strategic plan determines where the agency is going, and how they will get there in the next five years, 2016 - 2020. According to the Department of Transportation (personal communication, April 8, 2016) the MVA’s strategic plan focuses on the following ten areas: †¢ 18 full-service offices †¢ Three limited service offices †¢ One express office †¢ Two satellite service locations †¢ 18 Vehicle Emissions Inspection Program (VEIP) testingRead MoreCourse schedule IST7100 1 1 1589 Words   |  7 Pagescourse catalogue by course code. I. COURSE DESCRIPTION The focus of this course includes: 1) The top management’s strategic perspective for aligning competitive strategy, core competencies, and information systems; 2) The development and implementation of policies and plans to achieve organizational goals; 3) Defining the systems that support the operational, administrative, and strategic needs of the organization, its business units, and individual employees; 4) Approaches to managing the informationRead MoreProject Manament1078 Words   |  5 Pages |Strategic Portfolio and Project Management | Copyright  © 2010, 2009, 2005 by University of Phoenix. All rights reserved. Course Description This course introduces students to the planning phase of project management. Students will discover the connection between strategic portfolio management and project management. Other topics include project-based versus non-project-based organizations, activity planning andRead MoreProject Management : A Strategic Value That Gives Companies An Edge On Their Competitors820 Words   |  4 PagesProject management across the organization helps create a strategic value that gives companies an edge on their competitors. Project management matters because it is a way to â€Å"map out† your plans to control spending and improve project results. It may be a way to reduce risks, cut costs and improve success rates. Being able to deliver projects on time and within budget often determines whether a company will get the next job or not. Projects have been around since beginning of time. Even a life cycleRead MoreProject Management : Building A Unique Product, Service, Or Result?776 Word s   |  4 PagesProject management matters because it is a way to control spending and improve project results. It may be a way to reduce risks, cut costs and improved success rates. Project management across the organization helps create a strategic value that gives companies an edge on their competitors. Being able to deliver projects on time and within budget often determines whether a company will get the next job or not. Projects have been around since beginning of time. Even a life cycle of a living beingRead MoreBnad 302 Study Guide Ch51564 Words   |  7 Pagessteps in planning and strategic management? * Monitoring efficiency 2. The vision statement answers the question, â€Å"What do we want to become? â€Å" It provides a clear sense of the future and the actions needed to get there. 3. Which of the following are 4 benefits of planning? * Planning helps you coordinate activities * Planning helps you cope with uncertainty * Planning helps you check on your progress * Planning helps you think ahead 4. Management by objective (MBO) is aRead MoreOperation Managenent1504 Words   |  7 PagesOperations Management After completing this chapter, you should be able to: 1. Define the term operations management. 2. Identify the three major functional areas of organizations and describe how they interrelate. 3. Identify similarities and differences between production and service operations. 4. Describe the operations function and the nature of the operations managers job. 5. Summarize the two major aspects of process management. 6. Explain the key aspects of operations management decision