Concept Of Stakeholder Management And Project Life Cycle

3.0 Introduction Literature review presented in this chapter covers areas that are relevant to the research and its objectives. By critically examining the literature, a pattern within literature is built that provides deeper insight into the topic. The focus was to understand different ways that authors have interpreted the concept of stakeholder management and try to answer some of the research questions. Review of different publications assisted the researcher to gain a better understanding of theoretical perspective and keep the researcher well informed of the subject. To start with, the study presents a brief concept of project, project management, project environment and project life cycle. Further, stakeholder concept and stakeholder management method in a project are presented. This section of the dissertations will seek to appraise the salient points of literature on how key stakeholders are identified and prioritised, exploring approaches in managing project stakeholders and the incentive of managing key stakeholders. Finally, this section will search for what is holding back effective management of stakeholders. 3.1 Project Defined To fully capture the context of this study, it is important to understand the project environment and the circumstance in which project operates as well as getting to know the meaning of project and project management. Project can be viewed as a combination of organisation resources put together to form a unique output that provideShow MoreRelatedThe Theory Of Systems Engineering1585 Words   |  7 Pages as described in Chapters Three and Seven. 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Correspondence concerning this journal should be addressed to Menaka Katapadi Kamath, 7760 McCallum