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What is Stakeholder Management Strategy?

Updated: 9/20/2023
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Anandvijayakumar

Lvl 1
12y ago

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The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people.

The strategy should include the following elements:

• Key stakeholders

• For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project

• How to manage individual stakeholders

• How to manage groups of stakeholders

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12y ago
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How does the stakeholder management strategy assist in managing stakeholders?

The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders


How do you design stakeholder management strategies?

The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders


What is stakeholders In project management?

A stakeholder - is a person who has invested money in something.


Why is strategy important in management?

strategy is to solve the problem: where we are? where want to go? And how we get there? Without the strategy, aimless in management.


What is administrative strategy in project management?

Since there is no such thing as "administrative strategy" in project management, then I assume you mean just company strategy and Project Management. This essentially means that the projects have to align with the strategy of the company.

Related questions

Which documents are outputs of the initiating process group?

- Project Charter - Stakeholder management strategy - Stakeholder register


How does the stakeholder management strategy assist in managing stakeholders?

The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders


How do you design stakeholder management strategies?

The stakeholder management strategy is the approach developed to deal with the stakeholders in the best interests of the project. Once we identify & analyze the stakeholders, it is imperative that any good project manager will put together a plan that can be used to manage these people. The strategy should include the following elements: • Key stakeholders • For each stakeholder, level of influence on the project and level of impact on the stakeholder from the project • How to manage individual stakeholders • How to manage groups of stakeholders


What is project stakeholder management?

A stakeholder - is a person who has invested money in something.


Who are the stakeholder of the project management in Nepal?

Stakeholder are people who have an interest in company or organization's affairs.


What is the meaning of the term stakeholder?

A stakeholder (in Project Management terms) is anyone who's affected and who can affect, in one way or another, the project.


How can you apply financial management strategy?

what is Financial Management Strategy


What is stakeholders In project management?

A stakeholder - is a person who has invested money in something.


Why is strategy important in management?

strategy is to solve the problem: where we are? where want to go? And how we get there? Without the strategy, aimless in management.


What is administrative strategy in project management?

Since there is no such thing as "administrative strategy" in project management, then I assume you mean just company strategy and Project Management. This essentially means that the projects have to align with the strategy of the company.


Different forms of strategic management?

There are a number of forms of strategic management. Some of these include strategy as a plan, strategy as pattern, strategy as position, strategy as ploy, as well as strategy as perspective.


What is the total number of PMP?

Project Cost Management Project Quality Management Project Human Resource Management Project Communications Management Project Risk Management Project Procurement Management Project Stakeholder Management