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Running head: PROJECT MANAGEMENT
Project stakeholders and how they will be involved in the project
These are individuals in the organization who will be touched by the outcome or the
activities of the project. In the Woolong Company, project stakeholders will be the top managers,
middle managers, employees, and shareholders. The top management will be involved in the
project through approval of the needed resources, while mid-level managers will be involved in
overseeing the project processes. Project employees will be involved in the product
creation/production process, and shareholders would be involved by sharing the profit from the
project (Rahman et al., 2017).
The project sponsor
The sponsor of the project will be an individual in the Woolong Company who can take
responsibility for the actions necessary as a project sponsor. The individual ought to negotiate for
necessary funds and should be the spokesperson on behalf of other stakeholders. The project
sponsor ought to provide direction to the project to ensure its success. Besides, the project
sponsor will be required to include all participants in the project when it is necessary to ensure
continuity of the project (Rahman et al., 2017). Finally, the project sponsor will be required to
appraise the level of project achievement after completion.
Skills and experience needed by the project manager for each phase in the project life
cycle, and how the skills and experiences differ between the various phases
Project manager should have the required skills in management, technical skills of the
project and relevant experiences. In the initiation stage, the project manager needs to have skills
and experience in research and data collection. The project manager must have communication
skills to communicate with various people in other phases of the project (Henkel et al., 2019).
In the planning stage, the project manager will be required to have leadership skills,
which will help in mapping the path that the project team will flow. In addition, he or she will
require budgeting skills to create a plan on cost management for the project. In the execution
stage, the PM will use management skills and technical knowledge about the project, and quality
management skills, which will help in executing the project (Henkel et al., 2019). Finally, in the
closure phase, the PM will require to have skills such as communication skills, management
skills, and evaluation skills, which will help in establishing whether the project is complete.
Roles and res...
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