Identifying StakeHolders Essay

Submitted By rakesh9898
Words: 693
Pages: 3

Identify Stakeholders Process:
A person, group or organization that has interest or concern in an organization. Stakeholder can affect or be affected by the organization's actions, objectives and creditors, directors, employees government, owner, suppliers, union, and the community from which the business drawn its resources. To identify four inputs needed in order to carry out the identify stakeholders process are,
Project Charter: It is a document which is designed in a very high level that triggers the project. It is the project charter that defines recognized and official project requirement. It is in contract of understanding. The major idea of the project charter is to describe the stakeholder along with their interests either in the project or the end-product/deliverable.
Procurement Document: Procurement document is required if there is a contract involved in project, in this case procurement document should lay out who the main stakeholder and their needs.
Enterprise Environmental Factors: This is considered as a common inputs for many processes, but to be careful not to gloss over this particular phrase as it is vital for you to understand the exam material. The word 'PESTLE' which stands for political, social and environmental. This is a good standing point when considering environmental factors.
Enterprise environmental factor can be just about anything external to your project that will have an effect upon it.
Organizational process assists: Organizational process assist is considered as the most common inputs to many processes. Asset is the key word here, and refers to anything that will assist project, either in planning or assisting. Such assets may include documentation or information that allows you to scope your project more precisely. Mostly such assets include documentation or information from recent projects.
To Help find stakeholders there are two main tools.
Stakeholder analysis: Which can be fairly deep subject there are many approaches here. However, objectives are fairly straightforward to identify which stakeholders should receive project communications, communications they receive, hoe they receive this communication, and how frequently they should receive them. This is considered as the common model of communication strategy. One technique worth mentioning is via stakeholder map which plots each stakeholders interest against their impact and influence.
Expert Judgment: Whenever the project manager and the project team does not have sufficient expertise to carry out a process or activity. This tool crops up often on planning processes, such expertise may come from any source whatever be it internal to your organization or external. Expert judgment may come as free advice, or it may need to be solicited from paid consultants.
There are two main outputs from the identify stakeholders:
Stakeholder Register: This contains sensitive information and used only by the project manager. This register lists all of the project stakeholders and goes on to describe and classify. Such description and