What is Project Stakeholder Management?

Project Stakeholder Management is a key component of project management that involves identifying, analyzing, and engaging with individuals, groups, or organizations that have an interest or influence on a project. It encompasses processes to identify stakeholders, assess their expectations and needs, manage their engagement and communication, and address any issues or concerns that may arise. The objective of Project Stakeholder Management is to effectively manage stakeholder relationships to ensure their support, minimize negative impacts, and maximize project success by actively involving and considering the interests of all relevant stakeholders throughout the project lifecycle.

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