Identify Stakeholders

What is a stakeholder?

.What is a stakeholder? It's essential that we all have the same understanding of stakeholders. A stakeholder is anyone who has a "stake" or vested interest in the project. . A stakeholder may be one individual, a group of people, or even an entity like a local or federal agency. The interests of stakeholders vary and may conflict with each other. Stakeholders may be positively or negatively affected by the project or its output. I believe if you keep this definition of a stakeholder in the very front of your mind, it will keep you out of a great deal of hot water.

Info to now about stakeholders

1.Project role 2. Title or position within the company 3. What are their expectations? 4. What do they need from the project? 5. How much influence do they have? What specifically is there sphere of influence? 6. What is their level of support for the project? What is their contribution to the project? (people, material, funding) (Is it significant? Minimal?) This is good information to know. The analysis will help you clarify expectations and identify areas of conflicting expectations or needs. It's unlikely that you'll be able to meet everyone's expectations. This is especially true when you have a lot of stakeholders. You'll need to prioritize them. There are several ways to map stakeholders by priority. Examples include: power/interest matrix, salience model, or stakeholder cube. The results of the analysis will be documented in your stakeholder register. Let's discuss it next.

Stakeholder register

A document that includes details about identified project stakeholders The stakeholder register keeps stakeholder information organized in one document. You can tailor it to meet the needs of your industry, company, and project. A simple spreadsheet may be sufficient for your needs. Update information as needed. Sometimes you don't get all the answers to your questions in your first interview or meeting. People want to know you better before they are willing to share more information. Update as new people become involved

Stakeholder Engagement Assessment Matrix

A matrix that compares current and desired stakeholder engagement levels. 1. unaware - doesn't know about project and must be made aware 2. Resistent - Aware of Project, Opinion isn't favorable, may be actively disengaged. resisent to change 3. Neutral - Aware of project, doesn't have an opinion either way, they they need educating 4.Supportive. Positively inclined to the project.supports the change. 5. Leading the Change, working for the projects success

Stakeholder community

Everyone listed in your stakeholder registry is the Stake holder community. A group of people sharing common attitudes, interests, and goals. Unlike a neighborhood community where a common geography is the shared interest, stakeholder communities share an interest in your project.

Common way to categorize Stakeholders

Geography: Identify stakeholders by region. Organizationally: Identify stakeholders by department. Internal versus external: Identify stakeholders who are external to the project (or company) and internal to the project (or company). Sphere of influence: Who has authority over the budget? Resources? By impact: Who will be impacted by the project or its deliverables? This may include other projects competing for the same resources. Positive or negative: Which stakeholders support the project and outcomes? Which stakeholders are not in favor of the project or its outcomes?

Stakeholders things to remmeber

ID them early, Review old projects to see members that you may have missed.

Purpose of Stakeholder Analysis

Stakeholder Analysis Once you've identified your stakeholders, you'll analyze them. Stakeholder analysis is a technique used to identify who you need to win over—people who aren't convinced of the project's benefits and could block your path to success if they wanted to.

TIP

Therefore, it's not enough to have excellent technical project management skills. You must also have good interpersonal skills so you can develop and sustain positive relationships with your project stakeholders. There are four stakeholder management processes. Identify Stakeholders Plan Stakeholder Engagement Manage Stakeholder Engagement Monitor Stakeholder Engagement

The stakeholder register is an output of and input of?

out put of identify Stakeholders input to the communications plan

Influence mapping

those stake holders that remain closest to the project will have the most inflence over it. Learn which other decision makers are also consulted for decisions. Bring them closer to the project to increase sucess.