Question: A stakeholder analysis matrix and stakeholder register are tools used in project management to identify and understand the needs and expectations of everyone involved in
A stakeholder analysis matrix and stakeholder register are tools used in project management to identify and understand the needs and expectations of everyone involved in a project. In this case, the project is A Company's 25th-Anniversary Celebration. 1. Stakeholder Analysis Matrix: The stakeholder analysis matrix is a tool used to understand stakeholders' interests, influence, and impact on the project. Here's a simplified example: | Stakeholder | Interest | Influence | Impact | |-------------|----------|-----------|--------| | CEO | High | High | High | | Employees | Medium | Medium | High | | Customers | Low | Low | Medium | | Suppliers | Low | Low | Low | - CEO: As the leader of the company, the CEO has a high interest in the event's success, high influence over its planning and execution, and a high impact on the event's outcome. - Employees: They have a medium interest as they will be part of the celebration, medium influence as they may be involved in planning, and high impact as their participation is crucial for the event's success. - Customers: They have a low interest as they are not directly involved, low influence over the event, but a medium impact
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