Stakeholder mapping is also a way to manage expectations. The better the communication, the smoother the project will proceed and the easier it will be to understand your stakeholders’ desires. Projects cannot succeed if there is little to no communication. In other words, stakeholder mapping is the start of an effective communication plan. It helps to mitigate risk and discover the stakeholder’s real goals for the project. Having good communications with stakeholders gives project managers much-needed insight into the project, which helps them in innumerable ways. Without mapping stakeholders in relation to their influence and interest in the project, you’re going to have a hard time communicating with them and keeping them happy.īut it’s also a two-way street. There are usually many stakeholders, which means many and varied expectations. Stakeholder mapping is important because stakeholders are important to the success of a project. It will inform almost every decision a project manager makes in regard to their stakeholders, including the frequency of their meetings and how much information they are given about the project. Stakeholders are then plotted on this map depending on how they fall on those two metrics.Ī stakeholder map is the first step toward stakeholder management in that it defines the stakeholder’s relationship to the project. The x-axis of the grid measures the stakeholder’s level of influence, or how much can the stakeholder impact the project, from low (left side) to high (right side). The y axis determines the level of interest, from highest on the top to lowest on the bottom-meaning how much the stakeholders are impacted by the outcome of the project.
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Related: Free Stakeholder Map Template for Excel What Is a Stakeholder Map?Ī stakeholder map is a visual, four-quadrant influence-interest matrix used to identify stakeholders and categorize them in terms of their influence and interest in the project. Map and manage your stakeholders with ProjectManager’s project management features. How do you know who needs what when communicating with them during the project? That is the beginning of stakeholder management, and it starts with stakeholder mapping.
More than just being able to identify who the stakeholders are in the project, you need to manage them. Therefore, it’s crucial to know your stakeholders. That interest can have a positive or negative impact on the project execution. Stakeholders are people or organizations that are internal or external to the project who have a vested interest in its success. Sync work across all your devices and access it on the go Make your next marketing campaign a success Plan your sprints with out-of-the-box workflows Kickoff your next launch with a premade plan Keep track of all the phases of your build Get key insights on major topics in project managementĪccess documentation on using ProjectManagerĪccelerate delivery on your next IT project Read the industry-leading blog on work management Watch video tutorials for ProjectManager’s features Join us in transforming how work gets done Learn more about our company and our mission Track your team’s time, whether they’re on-site or remote Take control of your work from start to finish Manage your teams, collaborate and track progress Schedule and assign work to bring your project in on timeĪssign resources, balance workload and move forward Manage backlogs, create workflows and execute sprints Plan projects, track progress and manage resourcesīuild comprehensive project plans and organize tasks Streamline IT processes and scale up with ease Reduce lead time, ensure quality and perfect your processĬreate schedules, manage crews and deliver under budget Share files, add comments, and work together in real-timeĬreate automated workflows and improve productivityįor individuals or small teams that want to track their workįor small-to-medium teams that need to manage robust projectsįor medium-to-large teams that need to optimize portfoliosįor organizations that need customized security and priority support
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