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ACCA Strategic Professional · Strategic Business Leader · Leading and managing projects

Dunmore Council plans a new digital services portal. During initiation, the project manager lists everyone affected by or able to influence the project, then ranks them by power and interest to decide how much engagement each needs. Which technique is being applied, and what does it primarily support at this stage?

This is stakeholder analysis using a power/interest grid. At initiation it identifies who can affect or is affected by the project and sets an appropriate engagement approach for each group, helping to secure support and manage resistance, unlike scheduling or financial appraisal tools.

  1. AStakeholder analysis using a power/interest grid, to plan engagement and secure supportCorrect
  2. BCritical path analysis, to shorten the schedule
  3. CEarned value analysis, to measure cost variance
  4. DCost-benefit analysis, to calculate the net present value

Explanation

Ranking stakeholders by power and interest is Mendelow's power/interest grid, used in stakeholder analysis during initiation to determine engagement approaches and secure support. Critical path and earned value are planning and control tools for schedule and cost, and cost-benefit analysis evaluates financial viability.

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