Managing Project Teams

1. Why do stakeholders need to be informed throughout the project? What are some effective ways to communicate with stakeholders?

2. How do contractual relationships impact the project initiation? What are factors to be consider in a project contract? Why does the project team need to be aware of these contracts before they begin the project?

3. What role does the project sponsor play when initiating a project? Why is this important?

4. List and explain ways to measure project success. Why does success need to be monitored during the progression of the project?
Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. Please use the following reference as primary…

Brown, K. A., & Hyer, N. L. (2010). Managing projects: A team-based approach. New York, NY: McGraw-Hill/Irwin.