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 Governance and Stakeholder Management Student Name Course Lecturer Date Executive summary This paper explores issues surrounding the Perth Arena project; specifically the governance problems witnessed during the construction and suggest possible solutions for the same. The paper goes further to discuss stakeholder circle in relation to the Borne and Walker’s article to illustrate the influence and power of all Stakeholders in Perth Arena project. Additionally the paper will include a legend to clarify each stakeholder and identify two important stakeholders. Finally the paper analyzes their interests influence and suggests and justifies how they should be managed. Lack of a proper governance structure One of the most noticeable governance challenges for the Perth Arena project was the project’s below standard governance structure which translated to inadequate inspection and oversight. It is compulsory for a major project like Perth Arena to have basic governance plans so as to make it possible project for instance extent timetable budget financial flows including quality matters on agreed schedules. Bibliography Bourne Lynda and Derek HT Walker. "Visualising and mapping stakeholder influence." Management decision 43 no. 5 (2005): 649-660. Bourne Lynda. "Project relationships and the stakeholder circle." In Proceedings of the PMI Research Conference. Montreal Canada PMI. 2006. Jiang James J. and Gary Klein. "Risks to different aspects of system success."Information & Management 36 no. 5 (1999): 263-272. Meredith Jack R. and Samuel J. Mantel Jr. Project management: a managerial approach. John Wiley & Sons 2011. Bourne Lynda and Derek HT Walker. "Tapping into the power lines-a 3rd dimension of project management beyond leading and managing." In 17th World Congress on Project Management Moscow Russia June pp. 3-6. 2003. Western Australia. Office of the Auditor General. The planning and management of Perth Arena. West Perth W.A.: Office of the Auditor General for Western Australia 2010. [...]

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This assignment is based on answering questions in regard to the Case Study. In answering the assignment, make any necessary but reasonable assumptions. 1. Summarise the Governance problems and suggest solutions Using Borne and Walker’s article (see embedded object below), Draw a Stakeholder Circle to show the influence and power of all Stakeholders in this project. Remember to include a legend to clarify each stakeholder Using your Stakeholder Circle, Identify TWO key stakeholders, analyse their interests, influence and distance, and suggest and justify how they should be managed (refer to embedded object at the end of this document). the writer must know how to draw stakeholder circle. NOTE: No Footnote or Endnote ! only intext citation with chicago 16th format

Subject Area: Project Management

Document Type: Dissertation

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $60

Words 1650

Pages 6

Completed in 3 days

Expert scott1

Client Review

good and on-time

Positive
05.26.2017

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