EVALUATING STAKEHOLDERS
Imagine you are a project manager for a healthcare company. When building a team for a new research project, you create a power grid to help you figure out which stakeholders to prioritize. Which box in the grid represents the stakeholders who are the key players on your team? Stakeholder Analysis grid with Power and Interest on each axis. Stakeholder Analysis grid with Power and Interest on each axis. Box A in upper left (high power, low interest); Box B in the upper right (high power, high interest); Box C in the lower left (low power, low interest); Box D in the lower right (low power, high interest)
As a project manager, you should prioritize the stakeholders with higher interest and influence on your team. You should closely partner with key stakeholders to reach the desired outcomes.
What is the correct order of tasks in a stakeholder analysis?
First, a project manager needs to determine who their stakeholders are and understand their level of influence and interest. Then, a project manager needs to decide how to involve them in a project.
What does stakeholder analysis enable project managers to do? Select all that apply.
Stakeholder analysis tells you which people to include in important conversation s.This is key to getting the support you need throughout the project. It also helps you know what to expect so you can avoid surprises down the road. Explanation: Stakeholder analysis can help you know what to expect as the project unfolds. It can also help you build partnerships and include the right people in important conversations.
What is it called when a project manager involves stakeholders in decision-making to reach a broader consensus?
Stakeholder buy-in helps stakeholders feel invested in the outcome of a project by involving them in decision-making.
When choosing a project team, a project manager considers required roles, team size, and which three additional factors?
Everyone on the team needs to have the right skills to do the job. If they donât have the necessary skills, the project manager should ensure that they receive timely training to avoid project delays. Beyond key skills, team members also need to be available and motivated. Explanation: Everyone on the team needs to feel motivated to complete their assigned tasks. Motivation is a key ingredient for great work, so itâs important to pick people who are excited to get involved. Beyond motivation, team members also need to be available and have key skills. Explanation: Everyone on the team needs to be available to join the project. This means they are not staffed on another big project and have the time to contribute. Beyond availability, team members also need to have key skills and be motivated to complete their tasks.
Who is the project sponsor?
A project sponsor is the person who is accountable for the project. They ensure the project delivers the agreed-upon value to the business.
Which two factors are determined on a stakeholder power grid? Select all that apply.
The stakeholder power grid is a two-by-two grid used for conducting a stakeholder analysis. The power grid assigns each stakeholder a level of importance to the project using two measures: interest and influence. WEEKLY CHALLENGE 3
Who is responsible for overseeing the scope, schedule, budget, and quality of a project?
Does the project sponsor fund the project?
Which of the following people are likely to be primary stakeholders in a project? Select all that apply.
Which responsibilities belong to project team members?
Fill in the blank: Stakeholder analysis is the process of identifying stakeholders and grouping them by _____.
Which of the following activities are steps in a stakeholder analysis? Select all that apply.
What does the acronym RACI stand for?
In what two ways do RACI charts help project managers communicate effectively with stakeholders?
As a project manager, you make considerations when building a team. You decide how many people need to be on the team, what expertise each member will need to complete their tasks, and if they have a personal incentive to work on the project. What else should you consider when building a team?
As a project manager, youâre prioritizing stakeholders with a power grid. One stakeholder has low power and high interest. What level of engagement should the team have with the stakeholder?
Which of the following responsibilities does project management include?
Which stakeholders benefit directly (not indirectly) from a projectâs success? Select all that apply.
Who uses technical and interpersonal skills to carry out day-to-day project tasks?
What is the purpose of a stakeholder analysis?
What is the first step in a stakeholder analysis?
Which of the following statements are true of RACI charts? Select all that apply.
In a RACI chart, which type of participation refers to people who need to know about final decisions or that a task is complete?
There are four types of participation described in a RACI chart: responsible, accountable, consulted, and informed. Those who are informed need to know about final decisions or that a task is complete.
In the RACI model, which role offers insights or expertise to help others complete project tasks?
Stakeholders who are consulted are advisors or subject matter experts who help others complete tasks.
What key questions should you consider when deciding who should be consulted about a task? Select all that apply.
Finding out who has expert knowledge in certain areas helps you determine who should be consulted.
In your completed RACI chart, how many stakeholders are consulted for the âcreate a landing page mockupâ task?
Feedback: The Content Writer, Graphic Designer, and Web Developer could all be consulted on the mockup because they all contribute to the landing page.
In your completed RACI chart, who is responsible for creating the landing page mockup?
The Web Designer creates the layout, determining how the page looks and how customers interact with it.
As a project manager, youâre prioritizing stakeholders using a power grid. One stakeholder has high power and high interest. What level of engagement should the team have with the stakeholder?
Which term refers to identifying stakeholders and grouping them by interest and influence?
Which of the following responsibilities typically belong to the project manager? Select all that apply.
Which stakeholders are indirectly impacted by a projectâs success?
Which of the following are typical responsibilities of project team members? Select all that apply.
What is the main benefit of making a RACI chart?
As a project manager, youâre prioritizing stakeholders with a power grid. One stakeholder has high power and low interest. What level of engagement should the team have with the stakeholder?
In your completed RACI chart, who is responsible for testing the landing page?
In your completed RACI chart, who is responsible for coding the landing page?
In the RACI model, which role reviews the work to confirm it is complete?
What key questions should you consider when deciding who should be informed about a task? Select all that apply.
In your completed RACI chart, how many stakeholders are accountable for the âdesign the landing pageâ task?
What role does the project manager assign to those executing project tasks?
As a project manager, you complete a stakeholder analysis and make a list of all the stakeholders. What is often the next step?
As a project manager, you create a chart to assign roles and responsibilities for the team. What type of chart are you creating?
As a project manager, you have a team member who is a subject matter expert and will answer questions as needed during the execution of the project. What role will this person be assigned in a RACI chart?
As a project manager, you make a list of tasks required to complete a project. You decide on the number of team members required to complete the tasks. What is the next step to decide in building the team?
Which three of the following responsibilities can belong to the project sponsor? Select all that apply.
Who are likely to be secondary stakeholders on a project?
What does a power grid represent when conducting a stakeholder analysis?
Which of the following is true of someone who is accountable in a RACI chart?
Who has the role of interacting with stakeholders throughout a project?
What is one of the main ways primary and secondary stakeholders can help in the planning stages of a project?
What is the role of a web developer on a project to create a new website?
What type of chart is a visual representation of all stakeholders in a project?
You assign someone as consulted in a RACI chart. What is their expected role in the project?
As a project manager, you assign someone as responsible on a RACI chart. What do you expect them to do on the project?
You are creating a new team to complete a project. In order to choose the right people, what is the first task to complete?
A stakeholder needs additional time to make a decision on a project. What communication steps can a project manager make to help the stakeholder make their decision? Select all that apply.
Which of the following is a title given to the director responsible for the successful outcome of a project?
Which stakeholders benefit directly(not indirectly) from a projectâs success? Select all that apply.
As a project manager, you have made a list of stakeholders and determined their interest and influence in a project. What is often the next step in a stakeholder analysis?
How often should communication happen with project sponsors?
When conducting a stakeholder analysis, what does influence measure?
Who is responsible for the team's overall success and the project as a whole?
What is a responsibility of the project sponsor?
As a project manager, you assign someone as informed on a RACI chart. What do you expect them to do on the project?
As a project manager creating a team, what is an important step that enables team members to complete tasks?
Who is accountable for the project, ensures that it delivers the agreed-upon value, and may also fund the project?
Which of the following is a primary task of a project manager?
What group often provides the technical skills required for a project?
When conducting a stakeholder analysis, what does interest measure?
How does stakeholder analysis benefit a project? Select all that apply.
In a RACI chart, how many people should be designated as accountable?
As a project manager, you make considerations when building a team. You decide how many people should be on the team, if they have the time to work on the project, and what expertise each team member needs for their tasks. What else should you consider when building a team?
As a project manager, youâre prioritizing stakeholders with a power grid. You have a stakeholder you will need to manage closely. Where will you place this person in the power grid?
As a project manager, you are defining the goals and outcomes for a project. Who should help you with this?
As a project manager, you are prioritizing stakeholders with a power grid. One stakeholder has low power and low interest. What level of engagement should the team have with the stakeholder?
Which of the following is a title given to the director accountable for the project delivering the agreed upon value?
Ready to test your recall?
Imagine you are a project manager for a healthcare company. When building a team for a new research project, you create a power grid to help you figure out which stakeholders to prioritize. Which box in the grid represents the stakeholders who are the key players on your team? Stakeholder Analysis grid with Power and Interest on each axis. Stakeholder Analysis grid with Power and Interest on each axis. Box A in upper left (high power, low interest); Box B in the upper right (high power, high interest); Box C in the lower left (low power, low interest); Box D in the lower right (low power, high interest)
How confident are you in this answer?