A stakeholder matrix is a project management tool used to analyze a project stakeholder to determine the actions which are necessary to align their goals with the project. There are several different types of stakeholder matrices: Power Interest matrix Stakeholder analysis matrix Stakeholder Engagement Assessment matrix Power-Interest Matrix In a … [Read more...]
How to Perform a Stakeholder Analysis
Stakeholders are to a project like players are to a team. Having the best players is one of the easiest ways to win the game, but strategy and tactics led by the coach (project manager) can go a long ways. Thus, successful projects know who their stakeholders are and what motivates them. That's where stakeholder analysis comes in. Stakeholder … [Read more...]
Guide to Stakeholder Management
All projects have stakeholders. As a minimum, the project sponsor who initiated the project expects some type of deliverable. In addition, customers and end users are anxiously awaiting the completion of the product, and the project team is eager to use their skills to produce it. Hence, project success is largely defined by the stakeholders. The goal of … [Read more...]
12 Project Stakeholders (And What They Want)
All projects have stakeholders. As a minimum, the project sponsor who initiated the project is a stakeholder who expects a deliverable from the project. At first glance, the project's stakeholders might be obvious, for example a government approval, or an adjacent landowner that is affected by a construction project. But these main stakeholders are seldom the … [Read more...]
The Parts of a Stakeholder Register
In project management, a stakeholder register is a document that lists a project's stakeholders as well as information about their involvement in the project. In the Project Management Body of Knowledge (PMBOK), a stakeholder register is an output of the Identify Stakeholders process within the Project Stakeholder Management knowledge area. As a minimum, a … [Read more...]