540 DQ5

Just as things continue to go well for the project you are faced with a dilemma with your project stakeholders. You have a discussion with the Marketing Director and he indicates that he wants to utilize the anniversary event to showcase some of the company’s new products and upcoming campaigns. He has even gone as far as to suggest bringing in suppliers and vendors to participate in the event. Word of this gets to the Director of Operations and he points out to you that the backbone of the company are the people that build our products and they feel that they were under appreciated in the last company anniversary event. Why should we pay to have suppliers come and enjoy our company event? As project manager how will you handle this situation towards a positive and constructive outcome?

For this discussion:
1) Discuss the various methods (at least 2) for managing and controlling stakeholder expectations
2) Explain why these are important to project success
3) Discuss how you will apply these with respect to the dilemma with the Director of Marketing and the Director of Operations
4) Provide a solution for moving forward

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Required length is 500 words narrative for elements (1) through (4) above. Required 3 sources in APA format.

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