Product Management Chapter 5 3 min read

Stakeholder and Communication: The Human Connection

O
Oiyo Contributor

Chapter 5. Stakeholder and Communication: The Human Connection

You can have the best plan in the world, but if the people involved don’t understand or support it, the project will fail. Stakeholder and Communication Management is about building the relationships and information flows that keep the “human engine” running smoothly.


1. Stakeholder Mapping: Who Matters?

A stakeholder is anyone who can impact or is impacted by your project. Not everyone needs the same level of attention.

Stakeholder Power-Interest Grid
QuadrantPowerInterestManagement Strategy
**Key Players**HighHighManage Closely: Frequent updates and active engagement.
**Keep Satisfied**HighLowMeet their needs but avoid over-communicating.
**Keep Informed**LowHighInform them of progress to maintain support.
**Monitor**LowLowMinimal effort, but watch for changes in their status.

2. Defining Roles: The RACI Matrix

Confusion about “who does what” is a major source of project stress. The RACI Matrix brings mathematical clarity to roles and responsibilities.

The RACI Matrix Model
RoleDefinitionConstraint
**Responsible (R)**The person who actually does the work.Can be multiple people.
**Accountable (A)**The one who owns the result and 'signs off'.MUST be only one person per task.
**Consulted (C)**Subject matter experts whose opinions are sought.Two-way communication.
**Informed (I)**Those who need to be kept up-to-date on progress.One-way communication.

3. The Communication Plan: Right Message, Right Time

Don’t leave communication to chance. A formal plan defines the Who, What, When, Where, and How.

1
Requirements

Asking each stakeholder what information they actually need

2
Frequency

Defining how often to communicate (Daily standups vs. Monthly reports)

3
Channel

Choosing the right medium (Email, Slack, Zoom, or In-person)

4
Feedback

Ensuring there is a way for people to ask questions and raise concerns


4. Conclusion: Closing with a Legacy

The project isn’t over when the product is delivered. It’s over when the “Closing” phase is complete. This includes archiving records, releasing the team, and most importantly, conducting the Lessons Learned session.

The Soft Skills: In the end, project management is 80% Communication and 20% Technical Tools. Your ability to listen, empathize, and lead will always be your most valuable asset.


📖 참고문헌

  • [Crucial Conversations] - Patterson et al.: Tools for talking when stakes are high and emotions are strong.
  • [Stakeholder Management] - David Cleland: A strategic look at managing institutional relationships.
  • [The 7 Habits of Highly Effective People] - Stephen Covey: Foundation for principle-centered leadership and collaboration.

Congratulations! You have completed the Project Management Master course. You now have a comprehensive framework to take any idea and turn it into a high-quality, successful reality. Go forth and lead your projects to victory!

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