Simulation Part 3 Project Stakeholders Purpose To understand the relationship between the various stakeholders on the project. Project Team) Instructions Draw the network of stakeholders for your simulation project. Use the structure indicated in the Instructional Material below. Identify whether the potential impact of the stakeholder on the project success is direct or indirect. Add direct/indirect as an additional column of data. Deliverable Diagram of network with stakeholders identified as direct or indirect impact to the project From Project Strategy and Strategic Portfolio Analysis. A Primer by WHA Johnson and DH Parente, Ch3 Strategic Interest & Concern Resulting Claim Priority Challenge Stakeholder External. Customers Supplies Having capital and expertise to keep ahead of environmental 1 regulations Shut down facility Cleanervorment until cleanup no pollution Continued employment Work stoppage Government 2 Unions Local Commun 1. General Public Internal Internal stakeholders Stockholders Employees Managers Board Members II To conduct a stakeholder analysis, you must first identify the groups of stakeholders within an organization. Once groups are identified, it's important to categorize their key interests and concerns. This information will allow you to identify any claims that may be made by these groups. In addition, it is also important to ascertain which groups, from the perspective of the organization, are most important. These stakeholders' concerns will be of special interest. Finally, you should identify the resulting strategic challenges based on the information obtained The issues or concerns are what the stakeholder is interested in- at the most basic level. As an example, you need to put yourself in the shoes of the stakeholder and fill in the blank. The stakeholder is interested in - The stockholders are interested in dividends. Then, the claim is the answer to a question of what the stakeholder will do if the planning unit, in this case, the project, does not respond to their interests or concerns. If the firm does not provide dividends to the stockholders, they will move their investment to another firm. In all cases, the completion of the first three columns in the stakeholder impact analysis should be done in this way The stakeholder is interested in interests or concerns. The stakeholder will claim if their interests or concerns are not satisfied