PM-502, Management Characteristics of Successful Project Managers
A. Session No: 1, Part Two	B. Short Title: Managing Major Stakeholders

C.	Learning Objectives: Students will learn to use the methods and tools to effectively interface with and manage major internal and external stakeholders, and will develop a cursory stakeholder management strategy.

D.	Reading Assignment: Verma, Chapter 2.

E: Session Description: Students will work in team groups to develop a stakeholder management strategy for their selected team projects, to include internal and external stakeholders.

F: Point One: 
a) Question: Who are the major stakeholders associated with your team project?  Can you identify and classify them?
b) Key Point: Project management involves a great deal of integration and interface management.  They must interface effectively with all project stakeholders and earn their cooperation and trust in order to create a team environment where everyone helps to optimize each other’s contributions towards meeting project objectives.
c) Instructor Notes: 
1)	Students will analyze their team projects and the environment within which the project exists to both identify and classify the major stakeholders.  
2)	Students will create a organization chart for their team project that defines the client/owner relationship.  
3)	Students will present their analysis of stakeholders in a matrix format for presentation to the class.  Analysis will include an explanation of the stakeholders interest in the project outcomes.
	d) References: Team Scoping Statements and Verma, Chapter 2.