Stakeholder Management Assessment and Summary Article Review

Open, View, and/or
Download this Document

Total Length: 654 words ( 2 double-spaced pages)

Total Sources: 1

Page 1 of 2

The stakeholders of the most successful projects are the catalyst of the traditional managerial functions of planning, organizing, leading, motivating and defining control measures as well (Karlsen, 2002). The observation is also made that the reliance purely on the mechanics of stakeholder management aren't nearly as valuable as having a more unified, highly integrated platform of trust across all stakeholders. The goal of stakeholder management isn't the defining of the status quo from stakeholder requirements or interruptions; it is the creation and solidifying of a very high level of trust and shared risk and reward mindset across the entire stakeholder team.

To enable this level of cross-stakeholder trust and communication, the author has defined a six-step process that is designed for iterative process definition and development of trust-based relationships. These six processes include initial planning, identification, analysis, communication, action and follow-up (Karlsen, 2002). Based on the attitudinal data captured with the 5-point Likert Scale questionnaires given to Norwegian project management professionals the finding was made that each of the steps in the stakeholder management process had to also include an iterative function within its own step area but reaching back to previous steps as well. The intention of this framework is to create a collaborative workflow and series of processes where expectations and results can be quickly compared in real-time communication, further fueling trust (Karlsen, 2002).

Stuck Writing Your "Stakeholder Management Assessment and Summary" Article Review?

View All Our Example Stakeholder Management Assessment and Summary Article Review

Have A Custom Example Essay Written



Figure 1: Project Stakeholder Management Process (Karlsen, 2002)

Conclusion

The outcome of the empirical research completed in Project Stakeholder Management (Karlsen, 2002) indicates that the traditional, often statically-driven approached to stakeholder management are ineffective in creating trust. What the research completed indicates is that a highly interactive, collaborative framework is superior in creating the necessary information and knowledge sharing to further strengthen trust and support across stakeholder groups......

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Stakeholder Management Assessment And Summary" (2013, March 30) Retrieved May 17, 2025, from
https://www.aceyourpaper.com/essays/stakeholder-management-assessment-summary-87100

Latest MLA Format (8th edition)

Copy Reference
"Stakeholder Management Assessment And Summary" 30 March 2013. Web.17 May. 2025. <
https://www.aceyourpaper.com/essays/stakeholder-management-assessment-summary-87100>

Latest Chicago Format (16th edition)

Copy Reference
"Stakeholder Management Assessment And Summary", 30 March 2013, Accessed.17 May. 2025,
https://www.aceyourpaper.com/essays/stakeholder-management-assessment-summary-87100
   

Open, View, and/or
Download this Document
order custom essay example