Understand needs-expectations and influence of stakeholders

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Reference no: EM133772169

Question

A. Stakeholder analysis in information system projects is crucial as it helps identify and understand the needs, expectations, and influence of various stakeholders who can affect or are affected by the project. This analysis ensures alignment with project objectives, facilitates effective communication, aids in risk management, guides resource allocation, and assists in change management.

B. Project managers can effectively manage stakeholder expectations through clear and frequent communication, active stakeholder engagement and involvement, setting realistic expectations, implementing regular feedback mechanisms, developing effective conflict resolution strategies, and regularly monitoring and evaluating project performance against stakeholder expectations.

Explanation:

A. Stakeholder analysis is a process of systematically gathering and analyzing qualitative information to determine whose interests should be taken into account when developing and implementing a project. In information system projects, this analysis is important to ensure that the project's objectives align with the needs of key stakeholders. It also helps in tailoring communication strategies to address the concerns and priorities of different groups, identifying potential sources of conflict or resistance, allocating resources effectively, and managing changes during the project lifecycle.

B. Managing stakeholder expectations is a critical aspect of project management. Clear and frequent communication

Reference no: EM133772169

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