Managing Business Projects

PROJECT REQUIREMENTS

STAKEHOLDERS

Word Count '' 659

Introduction

Stakeholders are an integral part of a project. They are the end-users or clients, the people from whom requirements will be drawn, the people who will influence the design and, ultimately, the people would reap the benefits of the completed project.

As stated by Alexandrou [2007], ‘Stakeholders should be involved in all phases of a project. The reasons are as follows:
• Experience shows that their involvement significantly increases the chances of success by building in a self-correcting feedback loop.

• Involving stakeholders in a project also builds confidence in your product and will greatly ease its acceptance in your target audience.’

Within project management, there are three types of stakeholders. These are primary, secondary and tertiary.

Primary Stakeholders - These are individuals or groups whose interest in the project must be......

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Title: Managing Business Projects
Approximate Word Count: 4678
Approximate Pages: 19 (250 words per double-spaced page)

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