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Stakeholder Analysis query.

Posted: Mon Oct 02, 2017 7:41 am
by nirajsys@gmail.com
The Finance head of your company plays a vital role in approving funding for your project, but since this project is primarily belong to sales group, finance head is not involved in project demo , which of the following stakeholder management strategy would be most appropriate for finance head ?

A.Keep Satisfied

B.Manage Closely

C.Monitor

D.Keep Informed


answer given is option A.

But finance head is also in the top management and needs to be monitored closely.
Hence,would option B not be the most appropriate choice?

Re: Stakeholder Analysis query.

Posted: Mon Oct 02, 2017 8:35 am
by kushalks87
yes even i would answer B as well. Wouldnt this come under low power high interest category of stakeholder?

Re: Stakeholder Analysis query.

Posted: Tue Oct 03, 2017 2:23 am
by nazrulq
Whatever his role is in different stages of the project, he is the ultimate approver of project funding. He has to be managed by PM very closely.

Option B is the right choice in my opinion!