Question

Based on the Getta Byte team the stakeholder management and communication plans development, complete the files linked below with your recommendations.

  • Add frequency and methods of communication to the Stakeholder Management Plan.
  • Add additional forms of communication to specific stakeholders to the Communication Plan.MGMT404 Communication_Matrix Template Microsoft Excel non-commercial use File Home Insert Page Layout Formulas Data Review Vi|I MGMT404 Stakeholder_Management Template Microsoft Excel non-commercial use File Home Insert Page Layout Formulas Data Revi

Transcript

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Before we get started, we need to know who our stakeholder are?

I thought stakeholders where vampire Hunters. haha.... get it?

Very funny

A stakeholder is anyone who is impacted, positively or negatively. By the project

The most important group our customers are stakeholders you put a graph

The CEO, CFO An accounts payable are all stakeholders

The team, all of us, our stakeholders

The billing stuff and accounting are all stakeholders

The sales team are definitely stakeholders. Their commissions depend on billing

Perfect coma let's take a look at all the stakeholder management plan

Now, we are going to have to refine it so we can use it to make communication management decisions

No, for our communication plan

I know how to do that. I talk all the time

That's not exactly it. We have to decide what kind of communication we are going to use, how often and who are audience will be

We can use our stakeholder management plan to make decisions about communication periods I have already taken a stab at it. What do you think?

Well, that's it. We have a charter, scope, schedule, risk management plan, stakeholder management and communication plans

Finally !!!

The End

MGMT404 Communication_Matrix Template Microsoft Excel non-commercial use File Home Insert Page Layout Formulas Data Review View Cut AutoSum A A Wrap Text Arial Text Fill Ea Copy A- Merge & Center S % Insert Delete Format Paste Conditional Format Cell Sort & Find & Format Painter Clear er Select Formatting ble Styles Clipboard Font Alignment Number Shules Cells Editing 18 F F D G Document Recovery COMMUNICATIONS MATRIX Excel has recovered the following fles. Save the ones you wish to keep. Getta Bll Project Name Project Managen Name: Ima Pune Replace biing sytom Projecb Available files Lesa pucn Тarget Audience Proset Team Distribution Internal ton Deseriptic PurposFrequency Sender Comments MGMT404 Stakeholder Mana... Version created from the last... 11:20 PM Thursday, June 13,.. Yehiele Yehiele Esternal? TVaela staus repoit updated Vepkls John Doe meecng. We wilinvite stakeroldeis when -mal ntemal and Extemal proket stabua Update curent status of the project пеоеаяи Steeing Commitee reviey CEO, CFO, Finance Moneh Proect Mansge ISteering committees Meeting Intenal Иin drootos Eslo MGMT404 Stakeholder Mana... Lrector, Projece Version created last time the 10:22 PM Thursday, June 13, . Archkect 7 TaVeekk stetus reports Weekl e-mal Project Manager Intetni ,Finance nea sx (4) (versio droetor, Projeet team work, current timeine t 9:08 PM Thursday, June 13, 2. 10 sx (1).xax [Orignal versian deal 13 14 MGMT404 Communication_Ma.. 16 17 Version created last time the 12:13 AM Friday, June 2019 18 20 21 e do I want to save? Which 24 Close 4 Communication_Plan 899% Ready 10:38 PM Type here to search 6/15/2019
|I MGMT404 Stakeholder_Management Template Microsoft Excel non-commercial use File Home Insert Page Layout Formulas Data Review View Cut AutoSum A A Wrap Text 9.. Gill Sans MT 24 General Fill Ea Copy BI Merge & Center Conditional Format Insert Delete Format Paste S % Cell Sort & Find & 2 Clear Format Painter Formatting ble Styles er Select Clipboard Font Alignment Number Shules Cells Editing Stakeholder Management Plan B2 Formula Bar D E F G H N OT P Q J K Document Recovery Stakeholder Management Plan Excel has recovered the following fles. Save the ones you wish to keep. Project Name Project Manager Date: Whe What How Whe When Other Available files Method (e- MGMT404 Stakeholder Mana... Suppor Monitor Stakeholde Categn IelInterest t Agains mail, meetings, Version created from the last. Inform Strategy 11:20 PM Thursday, June 13,... Frequency Notes Stakeholder h/l.c posting on High/Lo i's Role Satisfy Owner Manage MGMT404 Stakeholder Mana... site, etc.) Version created last time the High High High Haywood UBuoif CEO Neutral Inlorm 10:22 PM Thursday, June 13, . Ke Hig Support Manage Kent C. D Trees CFO Ker Lou Segu Against Manage sx (4) (versia a 8 Dirctor Fin Key Hgh Hig st 9:08 PM Thursday, June 13, 2. Deatmert Satish Processing High Secondar Medum Hah High High Support Satisfy Neutral Monkor Acounting Tean Primary 12 sx (1).xax [Orignal version aee 12 Sales Team aes eam member Keu Suppor Manage Suppor Manage Neutral Manage 13 Ima Pyne Ha- Hugh Duit Medium Hgh Team member Key 14 Noria Bizness Team member Key 15 Low Medium MGMT404 Communication_Ma.. Version created last time the 12:13 AM Friday, June Medium Neutral Don Testit anage Team memberKey _ t Anser Team member Kes Against Manage Low 2019 19 20 e do I want to save? Which Close K Template F 70 % Ready 10:37 PM W Type here to search 6/15/2019
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Answer #1

A communication plan basically documents the "information types" required by stakeholders, the frequency of information dissemination to them, and the mode of information delivery. Your first task is to gather the information needs of your stakeholders. Once this is done, you may choose from two main categories of stakeholder communication - Synchronous and Asynchronous, to spread your message(s).

Synchronous Communications are those where all parties/stakeholders take part in the communications process at the same time. e.g. live meetings, conference calls, etc.

Asynchronous Communications are those where all the parties may not be present at the same time. Interested and influential stakeholders are required to be informed using mails, package deliveries, emails etc. later.

The idea behind stakeholder communications is to keep all interested and influential parties in the loop and attain long-lasting, impactful and faithful, relationships across the board.

Now coming to the question,

Let's assume you're looking to communicate the details of the "weekly status report" (from picture 1 in your question).

The frequency, methods of communication and additional forms of communication, (using the second picture in your question), along with reasons for the same are specified in the table below -

Stakeholder Role Category Influence Interest Support/Neutral/Against Monitor/Inform/Satisfy/Manage Method of communication Additional forms of communication Frequency Reason
Haywood CFO Key High High Neutral Inform Asynchronous: Email Weekly newsletter or Lunch and learns or before/after hours get-togethers Weekly Even though this is a key stakeholder with high interest and high influence, he is shown as being neutral, and needs only to be informed. This suggests that he's basically a silent spectator with a hands off style of leadership (leader - because he's the CFO).
Ken CFO Key High High Support Manage Asynchronous: Email the report and follow it up with Synchronous: One-on-one meeting/Small group or department meetings Virtual meetings or Conference calls and/or weekly newsletters and projections Weekly This is a key party with high interest and influence who supports the project and needs to be managed. The need to be managed implies that he is probably of an ever-curious nature - wanting to be updated and involved with all project ongoings. Hence, one-on-one meetings and sharing of weekly news and projections are advised
Lou Director Fin Key High High Against Manage Asynchronous: Email the report and follow it up with Synchronous: One-on-one meeting/Small group or department meetings casual conversations in a hallway or in a cafe etc. (if the director is in the same vicinity as yourself!) + project newsletters/reports and projections Weekly Again a key party with high interest and influence but against the project. Being the director of finance, perhaps he is concerned about the budget! A stakeholder who's against you needs to be both managed and satisfied. Particularly when it's a key party. One-on-one meetings over lunch + casual conversations in a hallway or in a cafe + progress reports + newsletters etc. are needed. You need to build a good rapport with this party!
Team Billing Primary High High Support Inform Asynchronous: Email weekly newsletters and projections Weekly This is a prime, supporting party who requires only to be informed. The communication modes for Haywood are applicable here as well. Lunch meetings or before or after hour patch-ups aren't really needed - as it isn't a key party and also because the role's different. The billing team would probably only need some performance/resource usage metrics to tally the bills
Finance Dept. Reporting Primary High High Against Satisfy Asynchronous: Email regarding performance/resourceusage and requirement etc. (all important metrics basically) weekly newsletters and projections Weekly This is a whole department we're looking at. And it is against the project. You can't possibly have a one-on-one meet with all the members. Just one representative is enough. i.e. the strategy for Lou (head/director of finance) should be good enough to keep this department satisfied through him.
Accounting Processing Primary High High Support Satisfy Asynchronous: Email regarding performance/resourceusage and requirement etc. (all important metrics ) weekly newsletters and projections Weekly To satisfy the accounting department you could perhaps have informal meetings, lunch based meetings etc.
Sales sales Secondary Medium High Neutral Monitor Synchronous: Communicate your sales requirement directly and follow it up with Asynchronous: a minutes of the meeting and expectations of the sales team - clearly documented should be emailed. Then (Synchronous again) monitor performance via chats/ messages /virtual meetings etc. during operations. Chat technology or virtual meetings (if the sales team operates out of office) Daily Even though this party's neither key nor primary, to monitor effectively, you must explain the requirements clearly and also keep a constant tab on their activities
Ha Team Member Key High High Support Manage Synchronous: Communicate your requirement directly and follow it up with Asynchronous: a minutes of the meeting and expectations of the team - clearly documented should be emailed. Chats/ Video conferences/ Lunch meetings etc. Daily Seems to be an important team member. Must be updated and contacted for performance updates daily.
Hugh Team Member Key Medium High Support Manage Synchronous: Communicate your requirement directly and follow it up with Asynchronous: a minutes of the meeting and expectations of the team - clearly documented should be emailed. Chats/ Video conferences/ Lunch meetings etc. Daily Has medium influence only …but still needs to be kept in the loop -given other prominent parameters.
Nonia Team Member Key Low Medium Neutral Manage Synchronous: Communicate your requirement and email the same weekly newsletter Weekly Not very important member. Low influence and interest. Neutral to the project
Don Team Member Key Low Medium Neutral Manage Synchronous: Communicate your requirement and email the same weekly newsletter Weekly Not very important member. Low influence and interest. Neutral to the project
Kurt Team Member Key Low Low Against Manage Synchronous: Communicate your requirement and email the same weekly newsletter Weekly Not very important member. Low influence and interest. Against the project. Needs to be managed - but doesn't need to have all the private/detailed info on the project. Keep communications to a bare minimum - requirement based only.
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