Stakeholder Conflict and Ethical Behavior One of the most challenging aspects of

Question

Stakeholder Conflict and Ethical Behavior

One of the most challenging aspects of engaging and managing project stakeholders is addressing conflict. It is not uncommon for there to be competing objectives among individual or groups of stakeholders. A worst-case scenario is when project stakeholder expectations conflict with the mission, goals, objectives, policies, or procedures of the greater organization.

QUESTION

Provide an example of competing objectives among project stakeholders.

Which project management skill do you think would be most effective to resolve the issue? Why?

Explanation / Answer

Project shareholders are major parts of a project, we can simply say that investors to project. Conflicts may arise when objectives of share holders are not match

For example

In a project, a shareholder approach to manager to discuss about one proposal that is explained below

He has contact withwith one construction company which can help to complete project but he requires some financial reward. This proposal may not agree with other shareholders

To solving this problem, we can use one of the project management skills that is communication

Here, we should communicate about this shareholder opinion to every shareholder and then take their advices, opinions.

If it is agree with them and really profitable to company, we can go with this proposal

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