Project Planning

 Project planning 

 

Research the function of a stakeholder in a project 

Stakeholders have important jobs in the life cycle of a project. For example, they are responsible for providing appropriate resources and funding to the correct groups and teams to meet goals. The stakeholders are also responsible for educating the teams about what their jobs are on an individual level and how they can work towards the given objectives and how it will help the project. Stakeholders are in charge of making important decisions such as where funding should be sent and proceeding the project into its next phases. They must listen and consider all feedback given to them that is relevant to the project and make judgements based off the information. Stakeholders should act as a link of communication between the team members and pass around information, queries and orders to different areas of the business working on the same project. 

 

Research the reasons of project failure 

Projects fail due to a variety of reasons: 

    • Poorly planned – When a project is poorly planned, it is hard to define a route which each individual must take to be successful. 
    • Undetermined resources – When resources aren't properly defined and identified, a project can meet shortages or spend too much on resources it doesn’t require. This can be a waste of time and funding. 
    • Unclear objectives – Objectives and goals should be SMART targets. They should be achievable and not impossible to meet. Having unclear objectives creates a lack of the ability to visualise progress and may demotivate teams. 
    • Lack of detail control – The project should be monitored at all times. If this doesn’t happen, the project may become irrelevant and unhelpful to the goal. 
    • Lack of communication – With a lack of communication, relevant teams and individuals will fall behind as they do not know what they should be doing and which tasks they should complete. 
    • Change of direction – Sometimes the project’s scope can change (scope creep). This happens when changes are requested when the project has started leading to a too wide scope. 
    • Unrealistic expectations – Not defining SMART targets will make the project too unrealistic and impossible to complete. 
    • Lack of monitoring - If the project leader does not regularly check on the progress of team, they may fall behind on the progression of the project. 

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