Preview

Problems associate with stakeholders of Padma bridge

Good Essays
Open Document
Open Document
983 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Problems associate with stakeholders of Padma bridge
Lack of coordination among stake holders:
Project stakeholders are the persons, group or organizations that have an interest in the project. Project stakeholders may be categorized by the question: “Is this stakeholder actively engaged, or just affected by the project?” The answer to this question will determine the level of interest and amount of contribution that the stakeholder has in the project. For example, an engaged stakeholder would be the project sponsor - as they have the ultimate authority and financial responsibility over the project. They are also the core stakeholders of the project. They are an essential part of the project as they approve the project, provide funding, provide the authority that empowers the project manager to get the project done, and approve changes along the life of the project. An affected stakeholder would be a resident of the community where the project has implemented.
Project manager is a stakeholder as they initializes, plans, orchestrates, monitors and responds to the changes to balance the project during the course of project life. Though Project manager plays vital role in the implementations of a project, they are accountable to following two groups: i) The Sponsor and ii) other stakeholders.
There are functional managers such as supervisors are considered as engaged stakeholders as they get the “right people on the right project.” Regulatory groups are not considered as engaged stakeholders rather they are affected stakeholders. They issue permits conduct inspections and have any sort of legal regulations that must be addressed by the project manager.
In our Padma Multipurpose Bridge Project, the stakeholders are as following:
Bangladesh Bridge Authority (BBA)
The Government of Bangladesh
People of Bangladesh
Sponsors:
World Bank (WB)
Asian Development Bank (ADB)
Japan International Cooperation Agency (JICA)
Islamic Development Bank (IDB)

Problem:
Problem may arise in the execution of a

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Bus 1101 Unit 4 Business

    • 291 Words
    • 2 Pages

    The text defines stakeholders as: “Individuals and organizations who are actively involved in the organization or whose interests may be positively or negatively affected by what the organization does.” Every organization has stakeholders.…

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Pm3110 Unit 1 Paper

    • 529 Words
    • 3 Pages

    Every Information system developed with the involvement of various groups of people, also known as stakeholders, such as system analysts, IT staff, data administrators, security administrators, tests, programmers, project managers, and network administrators. The stakeholder is someone involved in the processes or management of a project. The stakeholder can be an from any department in an organization or from outside the organization. The contribution of a stakeholder can be very according to the requirements of the project. The stakeholders are the part of risk management plan, which develop in the early stage of a project.…

    • 529 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The stakeholders in a business can be a person, group or organisation that has an influence in an organisation. All stakeholders are not the same, they all have their differences.…

    • 399 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Fox Stakeholders

    • 916 Words
    • 4 Pages

    Stakeholders are a person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some of Temple Universities Fox School of Business stakeholders are as such: creditors, directors, employees, government and its agencies, shareholders, suppliers, alumni, unions, and the community from which the business attracts its assets.…

    • 916 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    More information about the Gold Coast Light Rail Stage 1 project can be found in the…

    • 715 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Project Management

    • 2565 Words
    • 9 Pages

    - Project stakeholders are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion. They may also exert influence over the project's objectives and outcomes.…

    • 2565 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Project managers play the leading role in the project management process: They are accountable for the completion and delivery of projects. They create an atmosphere of teamwork and collaboration in which a defined goal can be achieved in a controlled and structured manner by a group of people. Project managers manage projects on a day-to-day basis, maintain a continuous focus on moving projects toward their defined objective, drive the decision-making process and execute milestones according to plan (Guzman, 2010).…

    • 2266 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    A stakeholder is anyone with an interest in a business. Stakeholders are individuals, groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments, these are groups outside of the business.…

    • 1031 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Stakeholders are all those who need to be considered in achieving project goals and whose participation and support are crucial to its success. Stakeholder analysis identifies all primary and secondary stakeholders who have a vested interest in the issues with which the project or policy is concerned. This information is used to assess how the interests of those stakeholders should be addressed in a project plan, policy, program, or other action. The goal of a stakeholder is to develop a strategic view of the human and institutional landscape, and the relationships between the different stakeholders and the issues they care about most. Working with your key stakeholders to flesh out unambiguous and measurable objectives will set your program…

    • 1057 Words
    • 5 Pages
    Better Essays
  • Good Essays

    1. Project managers must understand and communicate with all the stakeholders of a project. The project sponsor is one very important stakeholder that needs to be satisfied with the outcome of a project. Describe why the project sponsor is one of the most important stakeholders, and what a project manager should do to keep them informed of the status of a project. Provide professional examples if possible. Respond to at least two of your classmates’ postings.…

    • 1122 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Mattel Toy Recalls

    • 840 Words
    • 4 Pages

    Stakeholders are the people, groups or organisations that have a direct or indirect stake in an organisation and can be affected by the organization's actions, objectives, and policies. Key stakeholders in a business include, customers, employees, shareholders, government, suppliers, and the community and society in which the business operates.…

    • 840 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    Stakeholders can be anyone, both internal and external, with a vested interest in your organisation. They can include employees, clients, colleagues and customers… in fact anyone who may be affected by your operations.…

    • 8102 Words
    • 33 Pages
    Better Essays
  • Satisfactory Essays

    river blindness

    • 614 Words
    • 3 Pages

    1. The stakeholders are any party that is affected by the business and its actions .In this situation the stakeholders are the customers, employees, suppliers, the government, stockholders, and the community. In this case the most important stakeholders are the customers and the community.…

    • 614 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business P2

    • 370 Words
    • 2 Pages

    Stakeholders are a person with an interest or concern in something for example a business.…

    • 370 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Domino's Pizza Case Study

    • 920 Words
    • 4 Pages

    Stakeholder is an individuals or groups that likely to affect or be affected by a proposed action in the project management or business administration. It’s a key of the part of stakeholder management. The major stakeholder that will affect the organization’s action, objective of Domino’s Pizza is employee, customer and financial institutions.…

    • 920 Words
    • 4 Pages
    Good Essays