- Instructing.com Project Management Newsletter
- Posts
- Planning Stakeholder Engagement
Planning Stakeholder Engagement
Journey Forward to Project Management Success
Engaging stakeholders effectively is crucial to project success. Planning stakeholder engagement involves identifying the people, groups, and organizations that could affect or be affected by a project and strategizing how best to engage them. This phase is not just about listing stakeholders but also about understanding their interests, influence, and potential impact on the project.
Effective engagement starts with stakeholder analysis, where project managers assess stakeholder needs, expectations, and the level of involvement required. Tools like the stakeholder matrix help categorize stakeholders based on their power and interest in the project. From there, communication strategies are developed. High-power, high-interest stakeholders require more detailed and frequent communication, while low-power, low-interest stakeholders may only need occasional updates.
A well-constructed stakeholder engagement plan includes tailored communication methods, such as reports, meetings, or even social media updates, to keep each group informed and engaged. It’s important to continually review and adjust the plan throughout the project lifecycle, as stakeholder priorities can shift.
By proactively planning for stakeholder engagement, project managers can avoid misunderstandings, reduce resistance, and ensure stakeholder buy-in, ultimately increasing the likelihood of project success.
Joseph Phillips
PMP, PMI-ACP, ITIL, PSM, Project+, CTT+
Participant Spotlight
CAPM Exam Prep
When I started planning on taking the CAPM, I had no idea where to start. Then, a YouTube video recommended Joseph's course.
I registered for Joseph's CAPM exam prep course in July of 2023. His way of teaching makes things easier to understand. When he says, 'Know this for your exam'’ you better believe him.
I took the exam about a year later, in July 2024. I passed on my first attempt with Above Target in all 4 domains.
I will forever be grateful for Joseph and his team at Instructing.com for making this possible.
Mbita Muziya, CAPM
To be a part of our Participant Spotlight, please contact [email protected].
Effective Stakeholder Engagement
The PMP Power Pack Training Includes:
|
Stakeholder Strategies
The CAPM Power Pack Training Includes:
|
PM TIP: Regularly revisit your stakeholder engagement plan throughout the project lifecycle. As priorities and project dynamics evolve, ensuring stakeholders stay aligned and engaged is crucial for maintaining support and preventing conflicts.
Why choose Instructing.com?
Learn from the best project management trainer in the industry
Advance your career by earning your CAPM, PMP, PMI-ACP, and PSM certifications
Learn in a flexible, self-paced, online environment
Gain valuable knowledge with our soft skills courses
Cultivate your leadership skills
Achieve PDU hours with reputable and relevant course material
Tailor your learning path with courses that matter to you
Master highly critical industry skills
Earn professional certificates and digital badges for course completion
Connect with other PM professionals
TRIVIA TIME
Which of the following tools is commonly used to categorize and analyze stakeholders during the stakeholder engagement planning process? |
The correct answer to last week’s trivia question: Earned Value Management (EVM) is a project management technique that integrates scope, schedule, and cost data to assess project performance and measure the value delivered. EVM calculates key metrics such as Earned Value (EV), Planned Value (PV), and Actual Cost (AC) to determine how much of the project’s value has been delivered in relation to the costs incurred. This helps project managers track whether the project is on track regarding both schedule and budget, providing an objective measure of project performance.
The PMI-ACP Power Pack Training Includes:
|