Project Management Essay Example | Topics and Well Written Essays - 3000 words - 2

Project Management - Essay ExampleThey can be defined as groups or individuals having interest in the control and that interest can be good or gr testifyup influence the results of the project Pinto (2010) . In that case stakeholder analysis can be used to identify and square up some of the conflicts that arise while introducing both new project. This analysis is used to make strategies to make the stakeholders conflict positive on the project. Some stake holders can have varying forces on projects ranging from drastic impact to little impact. For example Pinto (2010), gives an example by explaining that government can strictly limit the sales of any tobacco project by implementing different rules and regulations while on the other hand a packet development company may not face that strict rules and regulations by the same stakeholder.Every stakeholder has own demand which may be in conflict with other stakeholders demand and the conflict of demands may prove to be challengin g for the project manager (Kuenkel et al, 2011). For example, a team of any project work to repair a new software across organization can go for many revisions to plosive the satisfaction of their customers and in doing so may make other stakeholders uneasy by rescheduling the deadline over again and again that might be a challenge for the project manager. In these cases, the project manager needs to quietus the demands of all the stakeholders by maintaining supportive relationship among all the stakeholders.There are two types of stakeholders i.e. internal stakeholders much(prenominal) as top management, accountant, project team members and other functional managers. orthogonal stakeholders such as clients, competitors, suppliers, environmental, governmental and other invervenor groups (Pryke, 2006). Internal stakeholders are important in a stakeholder analysis and usually they affect the project positively because in most cases the internal stakeholders want the project to be successfully completed (Poonia, 2010). External