How to conduct Stakeholder Management

Stakeholder Management – This is one of the key processes that every project manager has to adapt and follow.  It is imperative that for a project to be an overall successful, getting the buy-in from Stakeholders is important. 

Stakeholder Management – Why it is important?

For any project influencing the stakeholder is key and that can be started from the initiation phase when the project /program is confirmed.  To drive the stakeholder success, it is imperative to develop Stakeholder Analysis and build the appropriate RACI Matrix.  

For that what do you need? 

1. Identify Stakeholders
2. Prioritize your Stakeholders
3. Understand your Stakeholders.

Stakeholder Analysis is the key document that will be updated as we move forward in this Project / Program journey