How You and Your Projects Can Benefit from Proper Stakeholder Management

“Unengaged sponsor sinks the ship.” – Angela Waner

Stakeholders greatly influence the intended outcome and success of a project. Their involvement can take place during any stage of the project; however, performing a stakeholder analysis during the initiating stage will greatly influence the development of an effective project strategy and increase the chances for a successful project outcome.

Many organizations express supporting stakeholder involvement by promising participation, but gaining stakeholder involvement is not always easy. Careful and thorough planning is essential to identify the right stakeholders and to ensure stakeholders participate in appropriate and effective ways.
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