Question: 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 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.

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