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Stakeholder Management

Framework for Project ManagementChapter 5: Stakeholder ManagementChapter 6: Culture and Project ManagementInitial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion.Also, provide a graduate-level response to each of the following questions:

PMBOK has identified 10 fundamental knowledge areas you need for effective project management. Identify these knowledge areas and assess the linkages among these knowledge areas.
How would you describe the culture within your last or current project?

Sample Solution

this area. ‘Rapid advances in HR technology predicted to ‘directly empower managers and employees’. (Arnstein and Jeffery, 2015). This article from the People management magazine clearly shows that technology plays a big role in HR. Technology continues to improve effectiveness and efficiency within organisations and increases productivity, recruitment and performance management. However, rapid advances in technology also means that employers and employees must engage and move forward with the technological advancements. 3.3 The nature of globalisation and international factors affecting organisations. Globalisation is a term to describe an element of a modern business that work globally; importing and exporting products and services and If business expands then they could effectively appoint agents in overseas countries to represent them or they may institute overseas subsidiaries. Organisations must compete in international markets as well as compete against foreign corporations, they must develop global markets, use their practices to improve global competitiveness, and better prepare employees for global assignments to achieve success . As businesses grow larger and more powerful, some commentators grow concerned that their commercial interests can destabilise and harm the economies of individual countries, especially smaller countries in the developing world (Torrington et al 2011). Ngaire Woods sees globalisation as political and social as much as economic. She identifies three elements: (Woods, 2000) The Expansion markets – Is the transformation of global economic activity that advance the means of communication, an example of this is the mobile phone. Due to these technological changes, we have multiple ways to communicate such as text, email, talk or Skype. The mobile phone alone allows quick and simple delivery processes and allows us to perform everyday tasks faster and with less energy and cost. The transformation of politics -. Freedom of capital movement is essential element for the operation of the large European internal market. The liberalisation of payment transactions is a vital complement to the free move
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