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Stakeholder Analysis

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 The stakeholder Analysis is the identification and analysis of the parties who have an interest or influence in a project or an initiative. This analysis allows project managers and teams to learn about the expectations of the stakeholders, how they can communicate with the stakeholders and how they can deal with any of the risks and conflicts that might emerge.                                                                                 Stakeholder analysis is usually entailed with the: 1. Identifying Stakeholders 2. Analyzing Stakeholders 3. Prioritizing Stakeholders 4. Stakeholder Engagement Strategies Development The following are the details of each step: 1. Identifying Stakeholders The initial process is to list and determine every potential stakeholder who is affected or aff...