The Power of Stakeholder Management: Effective Monitoring and Alerting Strategies
The Importance of Stakeholder Management in Project Success Stakeholder management is a crucial aspect of project management that involves identifying, analyzing, and engaging with stakeholders who have a vested interest in the project’s outcome. Effective stakeholder management can make or break a project, as it directly impacts the project’s success, reputation, and ultimately, the bottom line. According to a study by the Project Management Institute (PMI), organizations that prioritize stakeholder management are 21% more likely to achieve project success. ...