Renowned economist Cuthbert Didier headlined the second technical session hosted by the Project Management Institute Southern Caribbean Chapter St. Lucia Branch Formation Committee (PMI-SCCSBFC) held on Thursday 13, 2014 at Sandals Halcyon.
The event, which dealt with the subject of stakeholder power and influence in St. Lucia, catered to a host of local Project Management Professionals (PMPs).
The event comes amid a volatile economic climate where Project Management has become a particularly relevant avenue in helping to reduce wastage – both in the private and public sectors.
The field is also considered a key pillar in improving the efficiencies of established business practices, while at the same time improving capital income. Stakeholders at Thursday’s event believe that this could result in greater levels of productivity and competence in St. Lucia.
According to the economist, the subject can be examined with the notion that there may be two kinds of stakeholders: Positive ones, who have accepted the project and negatives ones – naysayers.
Didier noted that once the stakeholders are identified or surface, their requirements and expectations must likewise be identified. From his experience the negative stakeholders are often ignored, and because they frequently present a different perspective, their expectations and requirements must be effectively managed in order to guarantee the delivery of the scope of work for the project.
The event was organised by a group of PMPs, who have undertaken to establish a local branch of the PMI SCC, who would like to see more project practitioners hone their skills with this relevant certification. The overall goal of the initiative is to raise awareness and sharpen the technique of local PMPs in their project executions.
The professionals capitalised on the wealth of knowledge presented by Didier, who also holds two undergraduate degrees in Management and Economics, and an MBA in Finance. Didier is known for his 27-year stint at Rodney Bay Marina – 12 of which was spent in the general manager’s chair.