Stakeholder Matrix

A Stakeholder Matrix is a tool used in project management to identify and categorize individuals or groups involved in or affected by a project. It helps prioritize communication and engagement efforts by mapping stakeholders based on their level of interest in the project and their ability to influence its outcome. Typically, the matrix divides stakeholders into quadrants, such as high interest/high influence, high interest/low influence, low interest/high influence, and low interest/low influence, allowing teams to develop targeted strategies for managing relationships effectively.