Stakeholder Analysis Notes: Definitions & Explanations PDF | Download eBooks
Study Stakeholder Analysis lecture notes PDF with project management definitions and explanation to study “What is Stakeholder Analysis?”. Study stakeholder analysis explanation with project management terms to review project management course for online MBA programs.
Stakeholder Analysis Definition:
Stakeholder analysis results in a list of stakeholders and relevant information such as their positions in the organization, roles on the project, "stakes", expectations, attitudes, and their interest in information about the project.
A Guide to the Project Management Body of Knowledge by Project Management Institute
Stakeholder Analysis Notes:
In the process of stakeholders' identification, data and information regarding them must be collected. This data is to be analyzed in order to make decisions regarding stakeholders' engagement, influence and impacts etc. The process of analyzing stakeholders' data and information to assess the changes in the project that are related to them is called stakeholder analysis. Stakeholder analysis is used to make decisions regarding the engagement of stakeholders in the project planning, policies, strategies etc. The data and information that can be analyzed using stakeholder analysis can include stakeholder's position in the organization, his/her role and responsibility in the project, expectations, attitudes, and stakes (ownership, interest, knowledge, rights, contribution etc.).
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