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Describe Managing Stakeholders for a Project

Essay Instructions:
1.To manage stakeholders, you must first identify who they are and what their issues are. Demonstrate your understanding of stakeholders by completing this exercise. 2.Using the Web and other venues of your choice, find an article or news item that describes how stakeholders affected the success or failure of a project. 3.Write about the results of the previous steps. In the paper, describe: Pertinent background about the project. The primary and secondary stakeholders, and your reasons for identifying them as such. Include any stakeholders that the article did not identify but that you can infer or deduce, if any. The stakeholder actions that contributed to the project's success or failure. If the project was a failure, the actions that could have been taken to manage the stakeholders and thereby reduce their adverse effects on the project.
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Describe Managing Stakeholders for a Project
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Describe Managing Stakeholders for a Project
To manage stakeholders, you must first identify who they are and what their issues are. Demonstrate your understanding of stakeholders by completing this exercise.
Project stakeholders are those groups, people or organizations who sponsor a project or might be affected by its outcome. Their issues include all the project operations and activities that affect them in one way or another, and their perspectives have to be taken into account for a project to be successful (Friedman and Miles, 2006). They include the project manager, customer, project team members, the project management team, sponsor and the performing organization. There are two types of stakeholders; primary stakeholders are those groups or people who are directly affected either negatively or positively by the actions or outcomes of the project. On the other hand, secondary stakeholders are those groups or people that are indirectly affected by the project’s actions and outcomes (Thayer, 2007).
Using the Web and other venues of your choice, find an article or news item that describes how stakeholders affected the success or failure of a project.
The article describes a software development project done by Oracle to design and develop a software system for Montaclair State University. The stakeholders for this project included designers, project managers, and the end users of the system (Kanaracus, 2011).
Write about the results of the previous steps. In the paper, describe:
Pertinent background about the project. 
The failed project involved Montclair State University (MSU) in New Jersey and Oracle. Oracle had been contracted by MSU to develop a PeopleSoft software project that was supposed to replace the MSU’s aging legacy systems. Issues had come up during the course of the project, and MSU’s leadership had not adequately understood the technology as well as the measures that were necessary to complete the project. MSU did not cooperate with Oracle to resolve the issues through collaboration and discu...
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