Management of stakeholders is one of the major responsibilities of a project manager. In a project, there are several individuals involved and since the project manager is in the centre and the integrator of the project, he/she is expected to satisfy the stakeholders within the project’s boundaries. This is why the analysis and management of stakeholders are crucial to the success of any project. If you are a project manager and need some help with stakeholder management, you can sign up for Training Creatively’s stakeholder engagement training course in London.
Who is a stakeholder?
A stakeholder can be an individual, an organisation or a group who might affect, be affected or perceive itself to be affected by activity, decision or the outcome of a project.
Simply put, anyone whose interest is affected either negatively or positively is known as a stakeholder in the project. While managing stakeholder, the project manager has to deal with individuals who have their own agenda and interests. It is very difficult to gauge the interest of the key stakeholders who are involved in the project and work according to their, and the project ad sponsoring organisation’s priorities.
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