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UMD Project Management Symposium May 7-8, 2020 Slide 1 BEST PRACTICES FOR MANAGING & ENGAGING PROJECT STAKEHOLDERS Aurangzeb Khan, Miroslaw Skibniewski, John Cable 2020 Project Management Symposium

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UMD Project Management SymposiumMay 7-8, 2020 Slide 1

BEST PRACTICES FOR MANAGING & ENGAGING PROJECT STAKEHOLDERS

Aurangzeb Khan, Miroslaw Skibniewski, John Cable

2020 Project Management Symposium

UMD Project Management SymposiumMay 7-8, 2020 Slide 2

Focus on:

" Primary Stakeholders

" Ten best practice measures*

Applies to projects in any category

* The authors research.

UMD Project Management SymposiumMay 7-8, 2020 Slide 3

Senior ManagementShareholders Project Sponsor Project Manager Project Team

Functional &Resource Managers

Program or Project Management Office

Project Suppliers/Vendors

Project Contractors& Subcontractors

Local, State & Federal Government Entities

Chief Project Officer Program Manager

Project Financers Project Client & Output Users

Project Advisors & ConsultantsProject PartnersProject Board or

Steering Committee

PRIMARY STAKEHOLDERSContractual & Legal

Obligations

UMD Project Management SymposiumMay 7-8, 2020 Slide 4

Professional Associations CompetitorsTourists

Religious Organizations

Individuals & Local Communities

Academia Countries, Country Groupings, The World

Municipal, State, Federal Government

All Other Stakeholders

Other Not-for-Profit OrganizationsMedia

Consumer Interest Groups Civic OrganizationsAdvocacy Groups &

EnvironmentalistsGeneral Public Political Organizations

SECONDARY STAKEHOLDERS

No Contractual & Legal Obligations

UMD Project Management SymposiumMay 7-8, 2020 Slide 5

§ Vigorously applied§ Analogous to maturity models & standards§ Pursuit of highest attainable level of

sophistication and professionalism § Continuous improvement over time

Stakeholder Management Standard

UMD Project Management SymposiumMay 7-8, 2020 Slide 6

§ Written document § signed, endorsed & adhered to by all stakeholders

§ Comprehensively documents § their respective specific interests

§ roles, responsibilities, objectives and expectations

§ Useful for generating a sense of common purpose and mutual understanding

Stakeholder Charter

UMD Project Management SymposiumMay 7-8, 2020 Slide 7

§ Full, prompt & continuous collaboration§ Objective: ensure best possible

stakeholder behavior § Points-based system§ Severe shortcomings are ranked higher § Termination pre-specified (score)

Stakeholder Collaboration Clause in Project Contracts

UMD Project Management SymposiumMay 7-8, 2020 Slide 8

§ Monetary incentives & rewards

§ Non-monetary incentives & rewards

§ Assured contracts for future projects

Performance Incentive & Reward System

UMD Project Management SymposiumMay 7-8, 2020 Slide 9

§ Criticality of good stakeholder management

§ Mandatory participation for all primary key stakeholders

§ Held at project initiation § Min. 1 to max. 3 days intensive training§ Concepts, case studies, best practices,

exercises, simulations etc.

Training for Stakeholders About Stakeholders

UMD Project Management SymposiumMay 7-8, 2020 Slide 10

§ For important/mission-critical projects

§ Independent comprehensive evaluation

§ Conflict, crises & issue management review

§ What worked well? | what didn’t work?

§ Detailed feedback & constructive criticism

§ Management improvement suggestions

Stakeholder Audit

UMD Project Management SymposiumMay 7-8, 2020 Slide 11

§ Comprehensive source

§ Descriptive Content

§ Prescriptive Content

§ Best Practices

§ Case Studies

§ Periodically Updated - lessons learned

Stakeholder Handbook

UMD Project Management SymposiumMay 7-8, 2020 Slide 12

• Context and Foundation Knowledge

• Stakeholder Management Methodology

• Case Studies

• Appendix

Stakeholder Manual

UMD Project Management SymposiumMay 7-8, 2020 Slide 13

§ Published periodically

§ Any stakeholder can contribute

§ Management/engagement rules, policies, standards, best practices etc. & insights

§ Sharing: Knowledge, ideas, experiences

§ Practical tips and suggestions

Stakeholder Newsletter

UMD Project Management SymposiumMay 7-8, 2020 Slide 14

§ Survey Types: Expectation, Perception, Satisfaction etc.

§ Customized for stakeholder § Repeated at specified time points § Obtaining detailed feedback and evaluating

trends§ Solicitation specific suggestions § Basis for initiating remedial actions§ Feeling of importance (our opinion counts)

Stakeholder Surveys

UMD Project Management SymposiumMay 7-8, 2020 Slide 15

§ Key primary stakeholders & neutral independents

§ Visits stakeholders at their locations § Effective monitoring, evaluating and

addressing issues§ Signaling Effect§ Empowered to take remedial measures

Mobile Monitoring, Evaluation & Facilitation Team for Stakeholders

UMD Project Management SymposiumMay 7-8, 2020 Slide 16

THANK YOU!

Skibniewski [email protected] [email protected][email protected]

UMD Project Management SymposiumMay 7-8, 2020 Slide 17