elaborate on the following using Process Groups: A Practice Guide 2023. Section 4.2 Identify Stakeholders, Section 5.24 Plan Stakeholder Engagement, Section 6.10 Manage Stakeholder Engagement, and Section 7.12 Monitor Stakeholder Engagement.

Effective Stakeholder Engagement Steps

• Identify: This step encompasses identifying the stakeholder's name, project role, and classification (i.e., key, primary, or secondary).
  • Primary stakeholders: Those who are directly impacted by the project
  • Secondary stakeholders: Those who are indirectly impacted by the project
  • Key stakeholders: May be primary or secondary and are those who have significant influence or interest in the project
• Understand: This step requires an understanding of the stakeholder's needs and attitude toward the project (e.g., positive, neutral, or negative).
• Analyze: This step analyses project stakeholders' influence (i.e., power), interest, attitude, needs, and expectations aspects.
• Prioritize: In this step, stakeholders are prioritized based on their power and interest in the project.
• Engage: Engagement strategies are selected based on the stakeholder's power and interest in the project. Manage, Satisfy, Inform, and Monitor are examples of stakeholder engagement strategies. A suitable communication strategy and schedule are recommended based on the engagement strategy used.
• Monitor: Monitor stakeholder engagement is the process of monitoring project stakeholder relationships and tailoring strategies for engaging stakeholders through modification of engagement strategies and plans.