Categorizing stakeholders based on their power and interest in the project is the most effective approach. The power-interest grid is a commonly used tool that helps project managers identify and prioritize stakeholders based on their level of authority (power) and their level of concern (interest) regarding the project outcomes. This categorization enables the project manager to develop appropriate engagement strategies for each stakeholder group, ensuring effective communication and management of stakeholder expectations throughout the project lifecycle. Other factors, such as job title, department, or years of experience, may provide some insights but do not directly address the stakeholders' ability to influence the project or their level of interest in its outcomes.
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