As part of the initiation phase in a Waterfall project, a project manager is required to perform an initial examination of the stakeholders. Which approach should the project manager prioritize to ascertain the stakeholder's levels of interest, influence, expectations, and potential strategies for engagement?
Focusing primarily on the needs of the most influential stakeholders to streamline the engagement process.
Creating a stakeholder register based solely on the project team's current knowledge.
Surveying all potential project contributors to develop a generalized communication plan that meets as many of each stakeholder's needs as possible.
Conducting a detailed stakeholder analysis to assess information such as interests, influence, and expectations.
The project manager should prioritize stakeholder analysis. This systematic approach involves the identification of all stakeholders and the assessment of their levels of interest, influence, and expectations regarding the projects. The stakeholder analysis also anticipates what communication strategies will be required for each stakeholder. By understanding these factors, the project manager can develop a tailored stakeholder engagement plan that ensures all stakeholders are adequately engaged and that their contributions are aligned with project objectives.
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