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Hollywood Secrets of Project Management Success by James Persse

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Benefits of Stakeholder Agreement

Happy stakeholders can make the difference between a rewarding project and a miserable one. When project teams practice the techniques just described for the process of confirming agreement, stakeholders tend to be the happier kind. The tangible benefits that can come from these practices are many and varied; here are four especially important ones.

  • Firm success criteria. Project success begins by defining what success means for the project and its stakeholders (the project team included). When stakeholders can come together early on and agree on the important operating parameters for the project, the chance for success (or compromise) to be realized equally across all parties will rise accordingly. These criteria ...

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