article thumbnail

10 Strategies for Successful Project Execution

ProjectManager.com

Successful CEOs Ram Charan and Larry Bossidy define execution in their book Executive: The Discipline of Getting Things Done : “Execution is a specific set of behaviors and techniques that companies need to master in order to have a competitive advantage. That’s why monitoring and tracking during execution is so important.

Executing 500
article thumbnail

Stakeholder Mapping 101: A Quick Guide to Stakeholder Maps

ProjectManager.com

A stakeholder map is a visual, four-quadrant influence-interest matrix used to identify stakeholders and categorize them in terms of their influence and interest in the project. A stakeholder map is the first step towards stakeholder management in that it defines the stakeholder’s relationship to the project. Map Stakeholders.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. Stakeholders are very important because they can have a positive or negative influence on the project with their decisions. Stakeholders are important to every project.

article thumbnail

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. Let’s define each of these types. This allows organizations to better manage their activities by defining what forms to use, and having a definite set of steps for processes, reporting, payment and so forth.

Process 367
article thumbnail

Free Strategic Planning Templates for Excel and Word

ProjectManager.com

When the leadership team defines an organization’s vision, they look toward the future and identify the goals and objectives they want to achieve. Once the vision is defined, then the practical work begins, and strategic planning templates can facilitate that work. This is the start of strategic planning.

Planning 332
article thumbnail

What Is Marketing Management? An Essential Introduction

ProjectManager.com

If you’re honest with yourself, though, you’ll realize how it has influenced what you buy. If you follow them, you combine the soft science of psychology with hard physical factors to influence customers. Psychological elements unearth what the customer wants, and influences their buying habits to select your product or service.

article thumbnail

How to Manage Stakeholder Expectations

ProjectManager.com

A stakeholder map has four quadrants, keep satisfied, manage closely, monitor and keep informed. Create a Stakeholder Management Plan A stakeholder management plan is used to define and document the approach and action to increase stakeholder support and reduce any negative impact they might have on the project.