The issue of stakeholder management is one of the major challenges

Stakeholder management

The issue of stakeholder management is one of the major challenges that a Project Manager will have. I would like you to discuss the following:

Discuss 3 major issues that commonly arise with external stakeholders – and how Project Managers can manage those issues

Discuss how PMs can effectively communicate with external stakeholders.

Please find at least 3 references for the literature that talk to these questions and include the citations in your response.

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Discuss 3 major issues that commonly arise with external stakeholders – and how Project Managers can manage those issues

Conflicts of interest. In such a case the project Manager is to take care of the consumers first.Sometimes, stakeholders will have opposing opinions on matters that are important to the project so that they can protect their personal interests. Previously, the project manager would go with the interest of the stakeholder who holds the highest value of the stakes. However, that was confirmed to be the source of many businesses flopping………………………….

APA

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