PMP Certification Training - Overview of Project Stakeholder Management and Processes

The video tutorial covers project stakeholder management, emphasizing the importance of identifying, analyzing, and engaging stakeholders to ensure project success. It outlines key processes such as identifying stakeholders, planning engagement, managing interactions, and monitoring relationships. The tutorial stresses the need for clear communication and satisfaction of stakeholders to achieve project goals.

Why is it important to manage stakeholders effectively in a project?

• To make sure stakeholders are happy with the project outcome

• To ensure the project is completed on time

• To increase the number of stakeholders

• To reduce project costs

What should a project manager do to engage stakeholders effectively?

• Limit communication with stakeholders

• Focus only on project milestones

• Ignore stakeholder expectations

• Understand stakeholder needs and devise a plan

When should stakeholder identification and engagement begin?

• After the project is completed

• Once the project charter is approved

• During the project closure phase

• Only if stakeholders request it

Which process involves developing approaches to involve stakeholders based on their needs?

• Identify stakeholders

• Plan stakeholder engagement

• Manage stakeholder engagement

• Monitor stakeholder engagement

What is the purpose of monitoring stakeholder engagement?

• To finalize project deliverables

• To reduce project scope

• To eliminate stakeholder involvement

• To tailor strategies for engaging stakeholders