Stakeholder Influence Diagrams

Correct Answer: A stronger relationship or more frequent interaction between the stakeholders

In a Stakeholder Influence Diagram, thicker lines represent stronger relationships or more frequent interactions between stakeholders. This is a standard visualization technique that helps project managers and business analysts understand the intensity of stakeholder relationships. The correct answer accurately reflects this convention in stakeholder mapping, where line thickness is used to show relationship strength and interaction frequency. Other options are incorrect because: - Authority and decision-making power are typically shown through other elements like node size or position in the diagram, not line thickness - Formal reporting relationships are usually depicted using different line styles (like solid vs. dashed) or hierarchical positioning - Chronological sequence of engagement would be better represented in a timeline or engagement plan, not through line thickness in an influence diagram

Correct Answer: High power and high interest stakeholders who require active engagement

In a Stakeholder Influence Diagram (also known as a Power/Interest Grid), the upper-right quadrant represents stakeholders with both high power and high interest in the project. These stakeholders require active engagement because: 1. They have significant influence over the project outcomes 2. They are highly interested in project decisions and results 3. They need to be managed closely through active engagement The correct answer is the most concise and accurate description of these stakeholders, emphasizing both their position (high power/interest) and the appropriate management strategy (active engagement). The other options are incorrect because: - Weekly status reports and constant communication may be excessive and not always necessary for all high-power stakeholders - Medium power stakeholders belong in a different quadrant of the grid - Low power stakeholders are typically positioned in the bottom quadrants and require different management approaches

Correct Answer: To visualize the relationships and power dynamics between project stakeholders

A Stakeholder Influence Diagram is primarily used to visualize and analyze the relationships and power dynamics between project stakeholders. This tool helps business analysts understand the levels of influence, interest, and interactions among different stakeholders in a project. The correct answer focuses on the essential purpose of mapping stakeholder relationships and their power dynamics, which is crucial for stakeholder management and engagement strategies. The other options are incorrect because: - An organizational chart is a different tool that shows formal reporting structures, not stakeholder influences and relationships - Documenting formal communication channels is typically handled through communication plans and matrices, not influence diagrams - Mapping financial investments and resource allocations would be part of resource management or financial planning documents, not a stakeholder influence diagram Stakeholder Influence Diagrams help teams understand the complex web of relationships and power dynamics, enabling better stakeholder engagement and project outcomes.