Stakeholder Analysis- A Swiss Army Knife for Managers

Stakeholder analysis is a great tool to ensure a comprehensive review of those with a stake (e.g., why they care) in those things ranging from the the simple to the complex. We advocate you look for ways to group those with similar-enough needs and preferences, or as the marketers would say segmenting the stakeholders.

Defining Project Management

Project management is the continuous management of the trade-offs of scope, schedule and resources. What (scope), When (schedule), and How Much (resources) are the three dimensions which PMI refers to as the “iron triangle.” There are a number of processes you can put in place to support project management, adding only enough structure to manage the risks associated with a specific project.