Understanding the Work of a Stakeholder by Identifying Them
Understanding and identifying a stakeholder is the first step in planning project management. In a plan to achieve this, you require to know what a stakeholder is. Shortly described, a stakeholder is a group of people or person who can influence or be influenced by an assigned project. Stakeholders can be groups of people or organizations, individuals working on a project, or even sections of society. A stakeholder might be actively associated with a project’s activity, moved by the project’s result, or in a position to influence the plan’s progress. Stakeholders can be an intrinsic element of a project’s structure, or outside, for example, consumers, unions, creditors, or segments of a population. It all depends on the complexity of the project that gives the context to define a stakeholder which is illustrated in stakeholder .