Identifying, analysing, and engaging with project stakeholders
Effective stakeholder management is one of the most critical success factors in project management. The APM BoK emphasises that stakeholders are individuals or groups with an interest in the project — they may be affected by the project or able to affect the project. Stakeholder management is an ongoing process throughout the project, not a one-time activity.
The stakeholder management process involves: identification (who are the stakeholders?), analysis (what is their interest and influence?), planning (how will we engage them?), and engagement (ongoing communication and relationship management).