PMP Certification Training - Summary - Project Shareholder Management

The video tutorial covers project stakeholder management, detailing the processes of identifying, planning, managing, and monitoring stakeholders. It emphasizes the importance of understanding stakeholder expectations and developing strategies to engage them effectively. The lesson concludes with a brief mention of the next topic on professional responsibility.

What is the primary goal of project stakeholder management?

• To identify and engage stakeholders effectively

• To increase project costs

• To reduce project timelines

• To eliminate stakeholder influence

Which process involves regularly identifying project stakeholders?

• Monitor stakeholder engagement

• Manage stakeholder engagement

• Plan stakeholder engagement

• Identify stakeholders

What is the focus of the 'Plan stakeholder engagement' process?

• Communicating with stakeholders

• Monitoring stakeholder relationships

• Developing approaches based on stakeholder needs and impact

• Identifying new stakeholders

Which process involves addressing stakeholder issues as they occur?

• Monitor stakeholder engagement

• Manage stakeholder engagement

• Plan stakeholder engagement

• Identify stakeholders

What does the 'Monitor stakeholder engagement' process entail?

• Communicating project updates

• Tailoring strategies for stakeholder engagement

• Identifying new stakeholders

• Developing engagement plans