As the project manager for a software development project, you identify that your team of developers prefers detailed technical discussions, while your investors are interested in high-level progress updates. How should you address the different communication requirements to ensure that the needs of both stakeholders are met effectively?
Eliminate routine updates to the investors and only communicate with them if there is a problem that threatens the project timelines or budget.
Send detailed technical updates to all stakeholders, including both developers and investors, to maintain transparency and keep everyone equally informed.
Create separate communication plans for the developers and investors, ensuring that each group receives information that is relevant and at the appropriate level of detail for them.
Focus only on high-level progress updates in all communications to avoid getting bogged down in technical details.
The project manager should tailor the communication content and detail level to suit the specific needs and preferences of the stakeholder groups. This ensures effective exchange of information and keeps all parties engaged and informed appropriately. Providing detailed technical updates to the investors who are interested in high-level progress may overwhelm them and be seen as an ineffective use of their time. On the other hand, developers require detailed technical discussions to carry out their tasks effectively.
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