Identifying Stakeholders
buttons.Overview
Project managers need to identify stakeholders to ensure project updates and status are provided to them based on their communication needs. This is often done through a stakeholder register, which identifies stakeholders and methods and frequency of communication. As you read, consider what makes the stakeholder register useful when managing projects.
A project is successful when it achieves its objectives and meets or exceeds the expectations of the stakeholders who are individuals, groups, teams, businesses, corporations, communities, government organizations, or non-governmental organizations who either care about or have a vested interest in a project. They may affect the whole project, its outcomes, some activities, or even only a decision, an activity, or an outcome of the project negatively or positively. Stakeholders may be actively involved with project activities or have something to either gain or lose as a result of the project. Project managers and their teams spent most of their time communicating and collaborating with the stakeholders. Indeed, project managers, themselves, spent 90% of their time communicating. This chapter discusses stakeholder management and how project managers should pay attention to while they communicate with the stakeholders including their key stakeholders such as project team members, sponsors, internal or external clients, customers, end-users, and regulatory and government agencies.
Source: Abdullah Oguz, https://pressbooks.ulib.csuohio.edu/project-management-navigating-the-complexity/chapter/5-0-learning-objectives-and-overview/
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