Review:
Stakeholder Management
overall review score: 4.5
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score is between 0 and 5
Stakeholder management is the process of identifying and engaging with individuals or groups who have a stake in a project, organization, or decision.
Key Features
- Identification of key stakeholders
- Engagement strategies
- Communication planning
- Relationship building
- Conflict resolution
Pros
- Enhances project success by involving key stakeholders from the beginning
- Improves communication and transparency
- Helps to avoid conflicts and address concerns early on
- Builds positive relationships with stakeholders
Cons
- Can be time-consuming and resource-intensive
- Difficult to effectively manage conflicting stakeholder interests