Stakeholder Identification and Analysis

Stakeholder Identification and Analysis involves recognizing all the people and groups affected by a project or decision. This includes anyone who has an interest, like employees, customers, community members, and investors. Once identified, it's important to analyze their needs and potential impacts on the project. Understanding their perspectives helps ensure effective communication and engagement strategies, allowing for collaboration and addressing concerns. This process ultimately contributes to the success of a project by fostering positive relationships and minimizing conflict.