When is stakeholder analysis performed?
When is stakeholder analysis performed?
Stakeholder analysis is performed as soon as the project charter is created. The project charter formally authorizes the project and provides the project manager with the authority to apply organizational resources to project activities. At this stage, identifying and analyzing stakeholders is essential to understand their needs, expectations, potential impact on the project, and to ensure their engagement throughout the project lifecycle.
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Stakeholder analysis is usually done once a business need is identified