Stakeholder Engagement Assessment Matrix

Correct Answer: closely

In the Stakeholder Engagement Assessment Matrix, stakeholders with high power and high interest should be managed closely. These stakeholders have significant influence over the project and are highly interested in its outcome. Engaging them closely ensures their support, addresses their concerns, and keeps them well-informed throughout the project. Managing these stakeholders with minimal effort is incorrect because their high power and interest necessitate dedicated attention and regular engagement. Managing them as needed or periodically is also insufficient, as their high interest and power require consistent, proactive communication and involvement rather than sporadic or reactive approaches.

Correct Answer: Keep Satisfied quadrant (upper left)

The Keep Satisfied quadrant (upper left) is the correct placement for stakeholders who require minimal effort to keep satisfied and have the potential to influence project outcomes. These stakeholders have high influence but low interest in the project. It is important to keep them satisfied with the project's progress and outcomes, but they do not require extensive engagement. The Actively Engage quadrant is incorrect because it is for stakeholders with both high interest and high influence, requiring more effort to engage them closely. The Monitor quadrant is incorrect as it is for stakeholders with low interest and low influence, requiring minimal monitoring. The Keep Informed quadrant is incorrect because it is for stakeholders with high interest but low influence, necessitating regular communication to keep them informed.

Correct Answer: closely

According to the Stakeholder Engagement Assessment Matrix, a stakeholder with high power and high interest should be managed closely. This means that the project manager should actively engage with this stakeholder, keeping them informed, involved, and satisfied throughout the project lifecycle. Managing a high power, high interest stakeholder with minimal effort or only as needed would be insufficient, as their influence and keen interest in the project necessitate a higher level of engagement. Managing them periodically would also be inadequate, as consistent and frequent communication is required to ensure their needs and expectations are met.