Stakeholder Analysis is crucial in project management as it helps identify the key stakeholders involved in a project. It allows the project team to understand the interests, influence, and impact of these stakeholders on the project. This understanding aids in effective communication, managing expectations, and mitigating potential risks associated with stakeholders. It also helps in prioritizing stakeholders based on their influence and interest in the project, enabling the project team to allocate resources efficiently.
How do you measure the impact of individual members of the team, investors, customers, or even regul...
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