Stakeholder Analysis

5 minutes 5 Questions

A stakeholder analysis is the procedure of identifying the needs and expectations of the stakeholders and their potential influence over the project. This is usually done through a stakeholder analysis matrix which often includes stakeholders’ interest, power, influence, and potential impacts on pr…

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CAPM - Stakeholder Analysis Example Questions

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Question 1

During the planning phase of a large urban development project, you discovered that a group previously identified as low influence, consisting of local small business owners, has started a coalition. This coalition has garnered significant public support and media attention, thus potentially impacting project approval. To ensure the continuous alignment of the project with stakeholders' evolving interests and power dynamics, what should be your immediate course of action?

Question 2

During a large-scale urban development project, you, as the Project Manager, discover that a newly influential stakeholder group, primarily composed of local small business owners, has emerged. This group is highly concerned about the project's potential to disrupt their businesses. Their influence stems from their strong community ties and the ability to sway public opinion. Given the current project phase is in the early stages of execution and the overall project timeline is tight, identifying the most effective approach to ensure this stakeholder group's concerns are evaluated and addressed without jeopardizing the project timeline is crucial.

Question 3

During a financial system upgrade project, a department head who initially showed little interest suddenly starts to ask many questions and express concerns. As a Project Manager, what is the appropriate action?

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