Plan Stakeholder Management

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Plan Stakeholder Management is part of the “Stakeholder Management” Knowledge Area, and is part of the “Planning” Process Group.

Plan Stakeholder Management is the process of developing appropriate management strategies to effectively engage stakeholders throughout the project life cycle, based on the analysis of their needs, interests, and potential impact on project success. The key benefit of this process is that it provides a clear, actionable plan to interact with project stakeholders to support the project?s interests.

Plan Stakeholder Management identifies how the project will affect stakeholders, which then allows the project manager to develop various ways to effectively engage stakeholders in the project, to manage their expectations, and to ultimately achieving the project objectives. Stakeholder management is more than improving communications and requires more than managing a team. Stakeholder management is about creation and maintenance of relationships between the project team and stakeholders, with the aim to satisfy their respective needs and requirements within project boundaries.
This process generates the stakeholder management plan, which contains detailed plans on how effective stakeholder management can be realized. As the project progresses, the membership of the stakeholder community and required level of engagement may change, therefore, stakeholder management planning is an iterative process that is reviewed on a regular basis by the project manager.

This definition was found in the PMBOK V5

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Plan Stakeholder Management has:
Inputs:

  • Enterprise Environmental Factors
  • Organizational Process Assets
  • Project Management Plan
  • Stakeholder register

Outputs:

  • Project documents updates
  • Stakeholder management plan

Tools and techniques:

  • Analytical techniques
  • Expert judgment
  • Meetings

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