Managers should possess a sound knowledge on how to perform Stakeholders Analysis. Why? Explain the relationship between stakeholders’ interest and stakeholders’ power.
Stakeholder analysis is the process of identifying people or groups who have an interest or influence in a project and understanding their needs, expectations, and power. Why Managers Need to Know Stakeholder Analysis 1. Better Understanding of Stakeholders: It helps managers know who is involved, their expectations, and how they can impact the project. 2. … Read more