What is a good strategy for stakeholders who have high influence and interest in a project? Select one: a. Send them monthly project newsletters. b. Engage and consult regularly. C. Keep informed and consult on interest area. d. Avoid them. e. Ignore them Identify the false statement regarding the stakeholder? Select one: a. A stakeholder has a vested interest in a company and can either affect or be affected by a business' operations and performance. b. Stakeholders may not be affected by the outcome but may perceive that they could be affected by the outcome. C. All stakeholders could be identified before the project execution begins. d. Stakeholders may have a positive or negative interest in the success of the project e. Stakeholders may be people, or organizations

According to the material presented in the book, which of the following is typically not part of a pitch (choose all that apply): a.Financing needs b. Regulatory strategy c. Management team d. Overview of the business e. Clinical strategy f. Intellectual property strategy g. Commercialization approach h. Description of quality management systems i. Overview of all concepts investigated j. Clinical need k. Reimbursement strategy l. Product/service overview

The third meeting, last week, had ended in chaos. Chris Holden, Karen Jackson, and the distribution director, Carl Simmons, had each planned to present cost cutting proposals, and at first it looked as though the group was making good progress. Chris opened the meeting, proposing a plan for Farecom to cut throughput time by 3% and rawmaterials costs by 2%, thereby positioning the company to compete better on price. It was obvious from his detailed presentation that he had put a lot of thought into his comments, and it was evident that he was fighting a certain amount of nervousness as he made them. "I know I don't have the book smarts of most of you in this room," he had begun, "but here goes anyway." During his presentation, Chris stopped several times to answer questions from the team, and as he went on, his nervousness transformed into his usual enthusiasm. "That wasn't so bad!" he laughed to himself as he sat down at the end, flashing a grin at Jonathon. "Maybe we can turn this old…

Talk about your thoughts around the dangers of assuming during the business definition phase. What might need to take place to avoid high risk misconceptions about project scope and purpose