Certified Supply Chain Professional (CSCP) Practice Exam

In project stakeholder management, what is a key activity?

1. ID persons who can influence or be influenced by the project

2. Develop project schedules

3. Create risk management plans

4. Establish a project budget

The correct answer is: ID persons who can influence or be influenced by the project

In project stakeholder management, identifying persons who can influence or be influenced by the project is critical. This activity lays the foundation for effectively engaging and managing stakeholders throughout the project lifecycle. Stakeholders can include individuals, groups, or organizations that have an interest in the project's outcome. By identifying them early, project managers can understand their expectations, interests, potential impacts, and overall influence. This understanding allows for the strategic management of their engagement, communication, and involvement, which is essential for minimizing resistance and maximizing support for the project. The other activities listed, while important in the overall project management process, do not specifically focus on the dynamics of stakeholder relationships. Developing project schedules, creating risk management plans, and establishing a project budget are all vital components of project management, but they take place within a framework that must first consider stakeholder needs and impacts. If stakeholders are not adequately identified and engaged, even the best plans can be undermined by misalignment or conflict. Therefore, the identification of stakeholders is a fundamental step that influences the success of all subsequent project activities.