Final Project Package

Stakeholder_Management_.xlsx

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Overview

A stakeholder management plan is a significant, success-ensuring artifact to include in your project toolbox and to use during the life cycle of complex projects. There are many potential stakeholders for a project, such as anyone or any group who may positively or negatively impact the project life cycle or outcome. A stakeholder is one who may effect, or one who is affected by, the outcome or change. Stakeholders can be internal or external to the organization, having different needs and different levels of involvement. It is important to identify stakeholders and to discern categories to which they belong. Categories of stakeholders include the following. • Primary stakeholders includes those who are directly impacted by the project. • Secondary stakeholders are those who are indirectly impacted by the project. • Key stakeholders may be primary or secondary, and are those who have significant influence or interest in the project. Questions to consider when identifying stakeholders are as follows. • To which stakeholder category do they belong (primary, secondary, key stakeholder)? • What is their interest and influence level (high/medium/low)? • What is their support level (support, neutral, against)? • What do they need from us? • How do they want to receive information and communication? The stakeholder management plan template is simple, yet useful to document and manage your project stakeholders throughout the project life cycle. It can be customized by adding or changing column headings to meet the needs of your organization.

Template

Stakeholder Management Plan
Project Name: Geeks Software Management						Project Manager: Jane Doe			Date: 10/16/2019
Who	What					How		Who	When	Other
Stakeholder	Stakeholder's Role	Category	Influence High/Low	Interest High/Low	Support Neutral Against	Monitor Inform Satisfy Manage Rod and Kelli Baxter: High influence/High interest: Manage by fully engaging them in the process High influence/Low interest: Satisfy with levels of communication necessary to meet their needs Low influence/Low interest: Monitor for changing needs and interests Low influence/High interest: Inform with appropriate levels of communication to safeguard against issues	Method (e-mail, meetings, posting on collaborative site, etc.)	Strategy Owner	Frequency	Notes
Lijy Abraham	CEO	Key	High	High	Neutral	Inform	email and meetings	CEO	3 to 4 times	inform the CEO's incase of any abrupt and sudden change
Emily Mathew	CFO	Key	High	High	Support	Manage	email & meetings	CEO	4 to 6 times	maintain effective control over allocation of resources
Avery Mathew	Director Fin	Key	High	High	Against	Manage	posting on collaborative site	CEO	6 to 8 times
Team	Billing	Primary	High	High	Support	Inform	Posting on collaborative site	Project manager	weekly basis
Finance Department	Reporting	Primary	High	High	Against	Satisfy	email and posting on collaborative site	project manager	weekly basis
Accounting Team	Processing	Primary	High	High	Support	Satisfy	meetings and email	Project manager	daily basis
Sales Team	Sales	Secondary	Medium	High	Neutral	Monitor	meetings and posting on collaborative site	CFO & project manager	daily basis
Madeline Mathew	Project Manager	Key	High	High	Support	Manage	meetings and email	CFO & project manager	weekly basis
Jinsey Jacob	Team Member	Key	Medium	High	Support	Manage	meetings and email	Project manager	weekly basis
Kim Hackett	Team Member	Key	Low	Medium	Neutral	Manage	email	Project manager	weekly basis
Brandon Liebeskind	Team Member	Key	Low	Medium	Neutral	Manage	email	Project manager	weekly basis
Karl Janssen	Team Member	Key	Low	Low	Against	Manage	email	Project manager	weekly basis
NOTE: IF THE STAKEHOLDER IS KEY OR PRIMARY, INTEREST IS HIGH, INFLUENCE IS HIGH, AND ATTITUDE IS SUPPORT, FONT WILL HIGHLIGHTED IN GREEN.
NOTE: IF THE STAKEHOLDER IS KEY OR PRIMARY, INTEREST IS HIGH, INFLUENCE IS HIGH, AND ATTITUDE IS AGAINST, FONT WILL HIGHLIGHTED IN RED.
Stakeholder: Enter the names of the project stakeholders.
Stakeholder's Role: Enter the stakeholder's role in the project.
Category: Primary/Secondary/Key
Influence High/Low: Use the dropdown box to enter the stakeholder's level of influence in the project. (Select high or low.)
Interest High/Low: Use the dropdown box to enter the stakeholder's level of interest in the project. (Select high or low.)
Monitor, Inform, Satisfy, or Manage: Use the dropdown box to select an approach for the stakeholder based on his or her level of influence and level of interest. - High influence/High interest: Manage by fully engaging them in the process - High influence/Low interest: Satisfy with levels of communication necessary to meet their needs - Low influence/Low interest: Monitor for changing needs and interests - Low influence/High interest: Inform with appropriate levels of communication to safeguard against issues
Strategy: Enter a strategy action based on the selection of monitor, inform, satisfy, or manage.
Strategy Owner: Enter a strategy action owner.
Strategy Date: Enter a strategy action date.
Comments: Enter necessary comments based on the stakeholder line item.