Revisiting Managing Stakeholders, how to Nurture and thrive the relationship.

Stakeholders can make or break projects, in order to ensure project success, effective stakeholder management is required. Identifying key stakeholders, dealing with difficult ones and creating a management plan can be overwhelming if you don't know where to start. Building positive relationships with stakeholders and proactively meeting their expectations can make the life of a project manager much, much easier.

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How to Resource Plan

When managing a project or a project portfolio, it’s critical that resources and workload for each are intelligently distributed. Without proper resource allocation, projects can quickly get out of control in terms of expense and duration. With the right resource planning techniques, effective planning and management of resources in any industry can set you up for success. But before the break down on how Projectmanagementcompanion.com provides the perfect tools for resource planning and management, there must be a firm understanding on what resource planning is and how to compose a resource plan. Resource planning is one of the steps required when writing a business plan where all the resources in a proposed project are identified. This is achieved by creating a summary for managing workload that is comprehensive enough to make sure all the resources that are needed to complete the project are clearly identified. This summary is going to help get a buy-in from the sponsor an...

The Lucky Project Manager

Does luck have anything to do with the success of projects, there is always an element of luck involved, times when the moon aligns and everything just falls into place. These events happen way too infrequently. The identified risks didn’t eventuate, easy access to major stakeholders and sponsors who provide quick decision turn around. All the required resources where available, knew exactly what to do and worked well together, all focused on the goal at hand. The vendor always delivered in a timely manner and was available. Planning and risk mitigation determines the real luck, or if it should be called luck at all. Projects rely on relationships, professionalism, capacity planning and above average service to get the job done. To succeed or create luck when running projects, then project managers must learn to be great leaders. To achieve the results expected when delivering a project then focus on some of these best practices. Exploring opportunities – Opportu...

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