Project Management

Stakeholder Management

last edited by: Peter Wootton on Apr 22, 2024 6:20 AM login/register to edit this page


IN PROCESS Stakeholder Management

Stakeholder Management Steps

  • Stakeholder Identification
  • Stakeholder Analysis
  • Stakeholder Aggregation
  • Stakeholder Matrix
The most known matrices for managing stakeholders are Power/Interest and Power/Influence. These matrices help to show which stakeholder the project manager should focus on, depending on his characteristics, giving a guide to prioritise.

  • Stakeholder Engagement
a good link for stakeholder management learning and discussion

Stakeholders Definition

There are three key elements for stakeholder management: Know your Key Stakeholders Identify their position Tools to influencing and gaining agreement

When analysing stakeholders, it is useful to ascertain and document the stance of key stakeholders in terms of their support for the project. You cannot assume that all stakeholders are positive and support the project, as this may not be the case. You should closely manage the strong supporters as they are great allies, but you also engage with stakeholders who do not support the project, trying to find ways to make them more positive. This analysis needs some subtle skills to get a true picture of the stance of each stakeholder.


last edited by: Peter Wootton on Apr 22, 2024 6:20 AM login/register to edit this page


ADVERTISEMENTS

"The industrial revolution was neither industrial nor a revolution - discuss"

- Linda Richman

ADVERTISEMENT

Sponsors