Project stakeholder:
Person or entity, getting impacted or impacts, Positively or Negatively the project or its outcome.
Effective stakeholder management:
Begin the management from the beginning
Focus on continuous communication
Understand needs, pain points, expectations
Address issues early and as they occur
Manage conflicting requirements
Nurture and foster network within project stakeholders
This is an iterative process across the life cycle of project.
Trends & emerging practices:
Identify all stakeholders
All project team members should engage in stakeholder management activities
Consultative engagement with most impacted stakeholder(s) for the deliverable being produced.
Monitoring & Controlling and measuring the impact of positive & negative stakeholder engagement.
Adoption for Adaptive/Agile environments:
Adaptive/Agile teams ideally directly engage with stakeholder instead of intermediate roles.
Aggressive transparency
Highly iterative engagement.
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