Discuss two principles that are more ethical in stakeholder


Problem

Read the article below and answer the questions that follow. Dependence on other departments during the execution of a project, a project manager depends on performances of other departments in the company. The purchasing department is the key player in purchased components for the project and in establishing contracts for subcontractors and consultants joining the project team. The accounting department has to execute correctly and in a timely fashion the project's payables and receivables and charges to project charge numbers. The drafting department has to prepare and release drawings, manufacturing process instructions, and quality assurance instructions according to promised schedules. The sales department has to coordinate with the project manager closely for a project's contract extension and for related competitive bids to a project. Every department in your company contributes to your project in one way or another during the execution phase. Source: Atesmen (2014:32)

a) The project team can easily affect project progress if effective communication is not done properly with all stakeholders. Why is it important that project managers always maintain effective and continuous relationship management throughout the project life cycle?

b) Having identified the stakeholders in the case study, discuss the two principles that are more ethical in the stakeholder classification.

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Project Management: Discuss two principles that are more ethical in stakeholder
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