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Business & economics · lesson 4 of 4

Stakeholders and communication

A person or group affected by or able to influence the project.

University8 practice questionsNotes + worked examples
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Learn the ideas

Prerequisites: No prior project-management course required.

Stakeholder

A person or group affected by or able to influence the project.

Status report

A concise update on progress, decisions, risks and next actions.

Owner

The person accountable for completing or deciding a specified item.

Retrospective

A structured review of what worked, what did not and what to improve.

Worked examples

Example 1

Which term best matches this description: A person or group affected by or able to influence the project.

Stakeholder is the matching concept in this lesson.

Stakeholder

Example 2

Which term best matches this description: A concise update on progress, decisions, risks and next actions.

Status report is the matching concept in this lesson.

Status report

Check your understanding

8 questions

Decimals or fractions are accepted for numeric answers. Proofs and written responses use sample answers and require human marking. This is practice, not a protected examination.

1 Which term best matches this description: A person or group affected by or able to influence the project.

Show answer and explanation

Stakeholder

Stakeholder is the matching concept in this lesson.

2 Which term best matches this description: A concise update on progress, decisions, risks and next actions.

Show answer and explanation

Status report

Status report is the matching concept in this lesson.

3 Which concept would you apply first in a situation where the person accountable for completing or deciding a specified item.

Show answer and explanation

Owner

The scenario directly calls for Owner.

4 Name the concept described as: A structured review of what worked, what did not and what to improve.

Show answer and explanation

Retrospective

The intended concept is Retrospective.

5 Which statement about Stakeholder is most accurate?

Show answer and explanation

A person or group affected by or able to influence the project.

The definition in the lesson notes gives the required condition.

6 Explain one important difference between Stakeholder and Status report.

Sample answer and marking guidance

Stakeholder: A person or group affected by or able to influence the project. Status report: A concise update on progress, decisions, risks and next actions.

Credit a clear distinction using both definitions and an appropriate example if supplied.

7 Give a short example showing how Owner would be used in practice.

Sample answer and marking guidance

A valid example should demonstrate this idea: The person accountable for completing or deciding a specified item.

Credit a relevant scenario that applies the concept rather than merely naming it.

8 Summarize why Retrospective matters in the lesson “Stakeholders and communication”.

Sample answer and marking guidance

Retrospective matters because A structured review of what worked, what did not and what to improve.

Credit the core purpose, scope and any important limitation from the notes.

Further reading and review references

These are reference links, not copied exercises, institutional endorsement or proof of independent review.