Stakeholder Analysis

Correct Answer: A new executive sponsor has been assigned

From the perspective of project management, a change in the executive sponsor requires the most immediate attention for stakeholder analysis. The executive sponsor typically has high influence, power and interest in the project. Consequently, any change related to them can have significant impacts on the project's direction, priority, resource allocation and outcomes. It is important for the project manager to update the stakeholder register to reflect this change, analyze potential impacts, and develop strategies to manage this new stakeholder's expectations and influencesOn the other hand, 'A team member has been promoted internally' is less likely to have as much impact unless the promotion is to a key decision-making role. 'A previously uninterested client has provided positive feedback' may lead to potential new opportunities but doesn't usually require immediate stakeholder analysis. Feedback is often used as an input in the communication management process rather than the stakeholder management process. As for 'A vendor has upgraded their software tools', while it may have some impact, it is typically handled within the project's risk or procurement management processes rather than stakeholder management.

Correct Answer: A filmmaker living in another city

In the context of project management, a stakeholder is any individual, group, or organization that can affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project. In the case of a highway construction project, the local government, residents living nearby, and environmental protection agencies are stakeholders because the project may directly affect them, for example through changes in traffic patterns, noise, or environmental impacts. On the other hand, a filmmaker living in another city would not be a stakeholder unless the construction project somehow affected their work or livelihood, which seems unlikely. Therefore, 'a filmmaker living in another city' is the best answer because it is the least likely to be a stakeholder in the highway construction project.

Correct Answer: Re-evaluate the stakeholder's engagement level and update the stakeholder engagement plan accordingly

The best approach is to re-evaluate the stakeholder's engagement level and update the stakeholder engagement plan accordingly. As a project manager, it is essential to continuously monitor and assess stakeholder engagement throughout the project lifecycle. If a stakeholder who was initially identified as having low interest starts showing increased involvement and asks probing questions, it indicates a potential shift in their engagement level. By re-evaluating the stakeholder's engagement and updating the stakeholder engagement plan, the project manager can ensure that the project team is prepared to effectively communicate and collaborate with this stakeholder moving forward. This approach allows for adaptability and proactive management of stakeholder relationships. The other options are not as effective because: - Continuing with the current plan and assuming the behavior change is temporary may lead to missed opportunities for stakeholder engagement and potential misalignment. - Informing the stakeholder that their involvement is not required based on the initial assessment may damage the relationship and overlook the value they can bring to the project. - Assigning tasks to the stakeholder without first understanding their interest and expectations may lead to confusion and potential resistance.