The initiating process group encompasses the processes of developing the project charter and identifying stakeholders. Effective stakeholder engagement includes the steps listed below.Discuss one of the steps and tell us how it is applied to a project stakeholder's engagement.IdentifyUnderstandAnalyzePrioritizeEngageMonitorHint: Review the Week $2$ Lesson and the PMBOK$$ Guide Section $13$ for more information on project stakeholder management.Note: Your post will be graded based on the discussion grading rubric located in the Introduction and Resources module. Remember to post your first discussion response by Wednesday and post at least two additional times throughout the week.