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Stakeholder management (also project stakeholder management) is the managing of stakeholders of a project, programme, or activity. A stakeholder is any individual, group or organization that can affect, be affected by, or perceive itself to be affected by a programme. [1]
Project stakeholders are persons or entities who have an interest in a specific project.According to the Project Management Institute (PMI), the term project stakeholder refers to "an individual, group, or organization, who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio. [1]:
Project management unites clients & teams, creates a plan for on time & on budget delivery, and gets stakeholders on the same page. But the importance of project management goes beyond that.
Project management is the process of supervising the work of a team to achieve all project goals within the given ... how reliant the stakeholders are on controls ...
Stakeholder analysis in conflict resolution, business administration, environmental health sciences decision making, [1] industrial ecology, public administration, and project management is the process of assessing a system and potential changes to it as they relate to relevant and interested parties known as stakeholders.
PMS is basically an aggregation of the processes, tools, techniques, methodologies, resources, and procedures to manage a project. What a PMIS does is to manage all stakeholders in a project such as the project owner, client, contractors, sub-contractors, in-house staff, workers, managers etc. [1]
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