Business Analysis Fundamentals

Stakeholder analysis is a crucial process in the field of business analysis aimed at identifying, understanding, and effectively managing the various stakeholders involved in a project or initiative. Stakeholders are individuals, groups, or organizations that have an interest in or can be affected by the outcome of the project.

Stakeholder analysis workflow

So we can make a conclusion that stakeholder analysis is essential for ultimately delivering a project that meets the needs and expectations of all involved parties.

What is the purpose of developing communication and engagement plans in stakeholder analysis?

Select the correct answer

To limit communication with stakeholders

To outline how, when, and what information to communicate to stakeholders

To reduce stakeholder influence

Submit Answer