Stakeholder identification, a new PMBOK® Guide project management process, is most important for establishing an early foundation toward subsequent planning, executing and monitoring and control of your project communication information and achieving project success. This process should be done early in the initiation phase of your project so that key outputs of a stakeholder register and stakeholder strategy will be used associatively in another Project Communications Management process which is Manage Stakeholder Expectations.

First, let’s review some basic facts to understanding stakeholder management:

• Stakeholders are those parties who may be positively or negatively impacted by the completion of the project
• Stakeholders stand to gain or lose through the success or failure of the project
• Stakeholders may possess different authority levels which will affect how they exert their influence over the project and its deliverables
• Stakeholders are affected by the outcome of the project

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In order to earn the PMI’s newest credential the PgMP® you must first pass three evaluations; 1) The application review, 2) The credential’s exam and 3) The multi-rater assessment or MRA. The MRA seems like a very straight-forward 360 exam, and by all accounts it is. I am writing this post just to call your attention to the MRA requirements.

The PgMP® application reads that “In order to comply with the Multi-rater Assessment, you must provide 12 reference contacts to review your competence as a program manager. Your contacts must include: one supervisor, four peers, four direct reports and three professional references of your choice.” What the application fails to mention, but which is clearly stated in the PgMP® Handbook is to make sure all of the raters will respond. This means that 12 responders are the minimum.

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The Project Management Institute (PMI®) has released a new Fourth Edition of the “Guide to Project Management Body of Knowledge (PMBOK®). A new version of the Project Management Professional (PMP®) Exam, based upon the PMBOK® Guide – Fourth Edition, will be placed into use for credential exams taken on or after June 30th of 2009. PMI® indications are that there would be no changes to the exam eligibility criteria, the application process or the passing score for the PMP® Exam.

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