SISXMGT001 Assessment Answers Australia

This unit describes the learning outcomes, skills, and knowledge required to develop and maintain an effective relationship with key stakeholders, help us in the delivery of services, and will help us financially as well.

This unit applies to those managers and coordinators who work with autonomy. The work is done according to the predefined legislation as well as the policies of the organization. This unit will help you identify the key stakeholders and personnel that impact the organization and the service delivery. Students often look like experts because they face issues while drafting their SISXMGT001 assessment answers because of the complexity of the topic.

No occupational licensing, certification or specific legislative requirements apply to this unit at the time of publication.to help the students to cope with this issue, we provide one of the best SISXMGT001 assignment help so that they score impressive marks and submit their assignments within deadlines.

How to Build Good Relationships with Project Stakeholders

There are a lot of efforts done by the management industry to focus on the importance of stakeholders' relationships. Project practitioners and leading thinkers have put importance on that a good project manager is not someone good at keeping track of all the tasks, but a good project manager is someone who balances all the needs and interests of the stakeholders; he should also make sure of all parties pull together and support the project and should deliver a valuable outcome.

But how does the project manager make this happen?

1. Understand who the stakeholders are: The first and foremost step is to build up a great relationship with the stakeholders to understand who they are. Many projects fail due to missing communication between the stakeholder and the project manager, and the company has to pay the loss.
2. Pinpoint stakeholders with high levels of power and influence: Pinpointing stakeholders with high levels of power and influence is important because when you deal with big projects, you will not be able to spend equal amounts of time with all the stakeholders.
3. Engage in a one-to-one conversation: The one-to-one conversation will help you build great relationships with the stakeholders as you people will know each other better and coordinate with each other in a better manner for the success of the project.
4. Seek to understand their world: At the most fundamental level, project stakeholders will only open up to you and trust you when they feel that you understand them and that you have their best interests at heart.

How to Manage Different Stakeholders Groups?

To manage different stakeholder groups, here are four basic steps there are essential:

• Identify the appropriate stakeholder groups for a different issue
• Check the relevance and stake of each stakeholder group
• Check whether the needs and expectations of each stakeholder are fulfilled or not
• Adapt the organizational policies to consider different stakeholder interests

How to Determine Stakeholder Salience?

Frameworks like the "Stakeholder Identification and Salience" model will help you differentiate and classify different stakeholders group. "Stakeholders Salience" tells the degree to will the priority is given to the stakeholder by the manager. It depends on the following three factors.

• Power - a stakeholders ability or capacity to influence the firm
• Legitimacy - the perceived legitimacy of a stakeholders claim
• Urgency - the degree to which a stakeholder demands immediate attention

Based on the combination of these three attributes, we can differentiate between the priorities given to different stakeholders. The higher the degree of patience, the more attention is given to the stakeholders by the managers.

List of other courses that include SISXMGT001 unit

This unit is not only taught under one qualification or course, but many other courses teach knowledge and skills regarding the stakeholders' relationship.

• Victoria University.
• The University of Australia.
• TAFE.
• The University of Melbourne
• The University of Queensland.
• Deakin University.
• Charles Darwin University.
• The University of Sydney.

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