Terri Echegoyen and Mark Phillipy continue to study for the CAPM exam. In this session we cover Chapter 13 Project Stakeholder Management of the PMBOK. This is the thirteenth session in the mentoring series “Preparing for the CAPM”. Mark and Terri study together out of the fifth edition of the PMBOK as Terri gets ready to take the CAPM exam.

If you are new to project management or you are preparing to take the CAPM or PMP exam, grab your PMBOK and follow along. If you missed the first session, go back and start with the first in the series CAPM01 Introduction to Project Management.

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• Identify Stakeholders
  
• Plan Stakeholder Management
  
• Manage Stakeholder Engagement
  
• Control Stakeholder Engagement
  

Stakeholder management is a new chapter in the PMBOK which shows how important shareholders are to the success of a project. Project managers must be able to understand the stakeholders and their interest in the project as well as how they are impacted by the execution of the project. The PMBOK states that “the ability of the project manager to correctly identify and manage these stakeholders in an appropriate manner can mean the difference between success and failure.”

If you have not yet scheduled to take your exam, I encourage you to do so today. I found as I prepared to take the PMP exam, once I scheduled my exam, that commitment increased my focus and helped be be prepared. So…go schedule for your exam right now.

I hope that you have enjoyed this series and that it has helped you prepare for the CAPM exam. I would love to share in your success as you take the exam. Please go to Project Mentoring on SensiblePM.com and let me know when you pass the exam.

With this series coming to a close, I am looking for a new project manager or someone who wants to become a project manager to start a new mentoring series. The new series will be slightly different than this one. To find out about more check out this link: New Project Manager Search.

If you are enjoying this series and it is helping you prepare for either the CAPM or PMP exam I would ask that you please share this with a coworker or friend. I am very interested in sharing this series with as many project managers as possible.

Thank you for sharing!

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