Project Execution
Phase
Part-II
INSTRUCTOR
RIZWAN RASHEED
Key Discussions
Manage Communications
Implement Risk Responses
Conduct Procurements
Manage Stakeholder Engagement
Manage Communications
Manage Communications is the process of ensuring timely and appropriate collection, creation,
distribution, storage, retrieval, management, monitoring, and the ultimate disposition of project
information.
The key benefit of this process is that it enables an efficient and effective information flow between the
project team and the stakeholders.
This process is performed throughout the project.
The Manage Communications process identifies all aspects of effective communication, including choice
of appropriate technologies, methods, and techniques. In addition, it should allow for flexibility in the
communications activities, allowing adjustments in the methods and techniques to accommodate the
changing needs of stakeholders and the project.
Implement Risk Responses
Implement Risk Responses is the process of implementing agreed-upon risk
response plans.
The key benefit of this process is that it ensures that agreed-upon risk
responses are executed as planned in order to address overall project risk
exposure, minimize individual project threats, and maximize individual
project opportunities.
This process is performed throughout the project.
Conduct Procurements
Conduct Procurements is the process of obtaining seller responses, selecting
a seller, and awarding a contract.
The key benefit of this process is that it selects a qualified seller and
implements the legal agreement for delivery.
The end results of the process are the established agreements including
formal contracts.
This process is performed periodically throughout the project as needed.
Manage Stakeholder Engagement
Manage Stakeholder Engagement is the process of communicating and
working with stakeholders to meet their needs and expectations, address
issues, and foster appropriate stakeholder involvement.
The key benefit of this process is that it allows the project manager to
increase support and minimize resistance from stakeholders.
This process is performed throughout the project.
Key Topics Discussed
Manage Communications
Implement Risk Responses
Conduct Procurements
Manage Stakeholder Engagement
REFERENCES
•A guide to the Project Management Body of Knowledge (PMBOK)
Sixth Edition by PMI
THE END