question archive Complete both discussions
Complete both discussions
Subject:BusinessPrice:8.86 Bought3
Complete both discussions. Please create a new thread for each theme and identify in the subject line the theme for which you are responding. Students are expected to post to both themes by Saturday and to at least two other students (across all themes) by Tuesday (this is the minimum requirement). In responding to the discussions and to other students, please be sure to use the course material using in-text citations and a reference list to cite the source(s) used. Remember, an in-text citation cannot exist without having a corresponding reference list and a reference list cannot exist without having a corresponding in-text citation. Use of the course material using in-text citations and a reference list is always expected in the discussions and good practice for the assignments in the course.
Discussion 2A: Stakeholders
Identify at least five (5) stakeholders (individuals or groups) that are relevant to your team project (do not use the Project Manager or the Project Sponsor; also, take a sentence or two to briefly introduce/describe your project so your classmates will have some context). Describe why each is a stakeholder, their level of interest and power, and how much attention the Project Manager should give each stakeholder (at least 250 words). If you respond to classmates in this theme, augment their work by identifying at least two other stakeholders they did not mention and explain why the Project Manager should be concerned about those specific stakeholders (at least 150 words).
Discussion 2B: Scope
In your own words, define the preliminary scope of your group project and discuss what you think should be in scope, as well as what you think should be out of scope (remember to take a sentence or two to briefly introduce/describe your project so your classmates have some context). Identify at least five (5) elements for each category (in-scope and out-of-scope) and explain your choices (at least 250 words). If you respond to classmates in this theme, review their submissions and provide substantive and constructive feedback (at least 150 words) to their postings.
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Project Management Discussion
Discussion 2A: Stakeholders
Stakeholders are individuals or organizations that have an interest or an investment in a business or organization's project or plan (Hornstein, 2015). My team project is the development of a new product for a given company. In this case, the team is tasked with the responsibility for introducing a new design for the new product which needs to propel the company's revenue over the next few years. The team project will have a varying array of stakeholders who have a vested interest in the project. First, the main stakeholder in this project is the consumer. The consumer has high interests since they are the final buyer and also will determine the value of the project's success. The second important stakeholder is the state. The state creates and implements all the laws and regulations which govern the production and consumption of various services and products. In this case, the state has a high interest in the project's outcome and must approve it.
The third group of stakeholders is the suppliers of the materials to develop the new product. The suppliers may have not much power and interest in the product since their role is specified in the contracts, but their input on the availability of the material is essential (Melton, 2011). The fourth group of the stakeholders, in this case, is the employees and practitioners who will take part in the manufacture of the product. This group of stakeholders has high interest and power over the current project in that the results of the program will significantly impact their work schedule, training, and performance assessments. The final stakeholder for the project is the competition. Even as they have no part to play in the development of the product, their actions in response to the new idea will have a significant impact on future developments and changes to the product.
