stakeholder analysis process are:

• Identification of potential stakeholders including their roles, departments, interests, knowledge, expectations, and influence levels.
• Identify and analyze the potential impact each stakeholder could generate
• Classify the stakeholder's basis logical categories of potential impact
• Determine the likely reaction of these stakeholders to respond in various situations
• Plan the approach strategy to enhance their positive support and reduce negative influences

Multiple classification models are used for stakeholder analysis, but not limited to:

Power/Interest grid:

Bifurcation of stakeholders based on their level of authority and their level of concern regarding project outcomes.

Power/Influence grid:

Bifurcation of stakeholders based on their level of authority and their level of involvement in the project

Power/Impact grid:

Bifurcation of stakeholders based on their level of authority and their level of impacting changes on project activities

Salience model:

This model describes categories of stakeholders based on their power, urgency, and legitimacy.

Outputs of Identifying Stakeholders:

Stakeholder register is updated with details such as:

• Stakeholder information
• Includes their name, organizational position, location, role in the project, business phone number, email address, etc
• Stakeholder requirements
• Key expectations, major requirements, involvement in the project etc
• Stakeholder Classification

Analyse each model by researching about them and make a presentation to explain them with examples.

Answer rating: 100% (QA)

The stakeholder analysis process is a critical step in project management that helps identify and understand the various stakeholders involved in a pr... View the full answer