A stakeholder analysis is a visual representation of the relevance of each stakeholder on a project. Stakeholder analysis information can be used in this process to allow the stakeholders to see a reflection of where they are relative to others and to encourage discussion on how to address the oppositions concerns. The stakeholder analysis helps to understand who will help and who will. What is stakeholder analysis and why it helps six sigma. Stakeholder analysis template stakeholder analysis sample. Policymakers and managers may use the results of a stakeholder analysis to develop their action plans. The project stakeholder analysis template is one of the finest solutions to adopt all the techniques and knowledge that is required to shape projects at an initial stage. This involves plotting stakeholders on a graph in terms of their influence over the project and their interest in the project. There are a few reasons that you would run a stakeholder analysis in business. To create a stakeholder analysis, you need two major factors that best represent the relevance of your stakeholders to the project. Stakeholder analysis is actually a process that can help you identify the needs of your stakeholders while assessing how these needs can be supplied by the program that you are currently developing. It might not always be practical to do so if the stakeholders are widely spread. It uses a 4 box principle to map each stakeholder against power vertical axis and influence horizontal axis. They may be winners or losers, included or excluded from decisionmaking, users.
Stakeholder analysis report biosphere reserve maldives. This will help project and program managers quickly identify the key stakeholders in each area, as well as the types of input they require, what kind of communication they might need and when, and more. Mar 25, 2020 stakeholder analysis and mapping is important because it helps project leaders and managers to access a stakeholder s interest, positions, alliances and knowledge related to the project. Use this worksheet to identify stakeholders to include when addressing a community issue, from a new housing development to a new public park. Stakeholder analysis is the first step in stakeholder management, an important process that successful people use to win support from others. A stakeholder analysis, which was complemented with a social network analysis, was used to examine the cooperation and conflict network between stakeholders, their institutions, and sectors in the.
Once you have identified your stakeholders, the table below, which is an example of a simple stakeholder analysis, can be used as a template. It allows these people to be grouped according to their influence, participation, and interest so that you can involve them and communicate for. While the stakeholder analysis template should provide all of the information required, you can plot the information using a stakeholder grid. It allows these people to be grouped according to their influence, participation, and interest so that you can involve them and communicate for the duration of the project. Stakeholder analysis in conflict resolution, project management, and business administration, is the process of identifying the individuals or groups that are likely to affect or be affected by a proposed action, and sorting them according to their impact on the action and the impact the action will have on them. An easy way to easily view how business activities affect each constituency is by creating a stakeholder analysis by using stakeholder analysis template. Our perfectly designed example stakeholder analysis templates are best suited for this purpose. These tools help you to identify everyone who needs to be involved and assess how much time and resource to give to maintaining their involvement and commitment. Starting with an excel template cuts down on the time needed to format the analysis and lets the busy project manager get the information on the page as quickly as possible. Stakeholder analysis 5 steps for conducting stakeholder analysis step 1. A stakeholder may not necessarily be involvedincluded in the decision making process. However, because stakeholder analysis often involves sensitive and undiplomatic information, and because of the covert nature of many stakeholder interests and agendas, there is often little to gained in trying to uncover such information in public.
Therefore, every manager has a goal of maximizing the shareholders wealth and adding value to the company. Green belt training provides a wealth of tools to navigate your six sigma project through the dmaic approach. Its used to document their expectations of the project, their levels of influence and their communication needs. Stakeholder analysis sa is a methodology used to facilitate institutional and policy reform processes by accounting for and often incorporating the needs of those who have a stake or an interest in the reforms under consideration. Create engaging presentations and impress your audience with your visual story. The template has been translated into several languages. They may be winners or losers, included or excluded from decisionmaking, users of results, participants in the process. Internal or external stakeholder unaware, resistant, neutral, supportive.
This stakeholder analysis was undertaken for the project on the conservation and sustainable use of globally significant biological diversity in the maldives baa atoll. Stakeholder analysis is a technique that can assist the project team members understand the variety of stakeholders that have an interest in the project and the individual nuances that can affect project risk. Download free printable stakeholder analysis template samples in pdf, word and excel formats. Stakeholder analysis grid high influence, less interested.
Stakeholder analysis is a method that can help us tackle these issues. Stakeholders should be identified in terms of their roles not individual names. There are many project management tools in lean six sigma. This stakeholder analysis will help identify an individuals or groups interest, position, or other special factors that should be considered during the decisionmaking process. You can then identify what kind of action you should take with them. A competitive analysis template tells us the strengths and weaknesses of all competitors with respect to our business. Stakeholder analysis is the process of identifying the individuals or groups that are likely to affect or be affected by a proposed action and sorting them according to their impact on the action and the impact the action will have on them. Stakeholders are people or organizations who either a stand to be affected by the project or b could make or break the projects success. A stakeholder need not be directly affected by the project, for example one stakeholder could be a member of staff who will be using a new system that the project will implement, but the students. Play a key role in project management, or you can say without this stakeholder analysis, you are missing something very big in your project planning initiating phase. One of the crucial project management tools that are used early on in the six sigma approach is the stakeholder analysis. A proper stakeholder analysis is conducted to determine the impact of some decision on the relevant parties involved. Choose from a variety of stakeholder analysis templates for tracking, communications planning, program management, and more. A good template will allow the user to list the different groups affected by the corporation as well as the possible repercussions.
Stakeholder analysis also allows marginalized or disempowered groups to be identified 60,67,70,71, providing insights into how participatory approaches to. Stakeholder analysis template 1 stakeholder analysis project name date project number document number project manager project ownerclient stakeholder name or group name. An effective stakeholder analysis can further develop and strengthen the professional and corporate relationship between stakeholders and businesses. Stakeholder analysis is the identification of a projects key stakeholders, an assessment of their interests and the ways in which these interests affect the project and its viability. A stakeholder analysis is a process of identifying these people before the. Stakeholder analysis typically refers to the range of techniques or tools to identify and understand the needs and expectations of major interests inside and outside the project environment. To complete the discussions pertaining to this discipline, an outline and its guidelines are being furnished to help users in evaluating the. When it comes to any organizational project, all of the internal people and teams who the project will involve or affect are called its stakeholders. It assists with the development of an effective stakeholder communication and engagement strategy and is a fundamental element of an organizations stakeholder management plan.
This stakeholder analysis template was designed with program managers in mind. Ideally, stakeholder analysis should be carried out with representatives of as many stakeholder groups as possible. Sep 23, 2019 top tools template of stakeholder analysis using project managers. Stakeholder analysis introduction a stakeholder is a person who has something to gain or lose through the outcomes of a planning process or project. It may be useful, therefore, to conduct a stakeholder analysis in conjunction with these activities. Sep 20, 2019 use this worksheet to identify stakeholders to include when addressing a community issue, from a new housing development to a new public park. Managing stakeholders can help you, too, to ensure that your projects succeed where others might fail. Get inspiration for stakeholder analysis powerpoint template. Stakeholder analysis project management skills from. Conducting an analysis is important to any organization especially at the initial stage of a new project. This template will enable you to conduct a detailed analysis that will be comprehensible to everybody. A business can use the stakeholder analysis templates to perform a sample analysis once or regularly to track overtime changes.
Stakeholder analysis worksheet national oceanic and. Working stringently towards improving the quality of your projects, all of these templates can work efficiently to create a detailed plan that impresses your stakeholders and emphasize in gaining their support. Stakeholder analysis template in word and pdf formats toggle navigation. Making an importance versus influence matrix helps to map out stakeholders and their relation to the issue at stake in the msp. The information collected in a stakeholder analysis is vital for developing a communications plan that supports the needs of stakeholders and therefore, the success of a project. A stakeholder analysis, which was complemented with a social network analysis, was used to examine the cooperation and conflict network between stakeholders, their. For example, the data can be used to enlist the help of key people in the early.
Stakeholder analysis should always be done at the beginning of a project. Take the first row from the stakeholder analysis template and plot on the grid. Looking for the best method or identify the best possible technique for conducting a stakeholder analysis. It generates insights on the importance and influence of each stakeholder. A common stakeholder management tool is the stakeholder analysis grid. When an organization kicks off a project or changes their mission, a comprehensive or strategic plan can make the difference between success and failure.
A stakeholder analysis template is very useful when trying to assess the impact of business and organizational programs on interested parties. Stakeholder analysis template 5 free templates in pdf, word. Select the sample in word doc of your choice, fill it in and keep handy for stakeholder analysis. Stakeholder analysis template stakeholder analysis sample mypm. Stakeholder analysis template in word and pdf formats. Stakeholder analysis helps you to figure out which groups and individuals you want to involve in a project. You can then schedule meetings for planning and objectives, as well as be sure everyone involved has a clear understanding of what you are aiming to achieve and how they can contribute. It is important to conduct a stakeholder analysis to identify these individuals or groups including their name, organization, role on the project, level of interest, level of influence, unique facts, expectations and ways to manage their expectations. One of the first steps in such a process is gathering the input of everyone affected using a stakeholder analysis. Stakeholder analysis template 5 free templates in pdf. Pdf this paper provides guidance on how to do a stakeholder analysis, whether the aim is to. In simple words, such an analysis provides holistic information regarding all the key aspects involved directly or indirectly by a given project.
Stakeholder analysis identifies the individuals, groups, or organizations that have an impact on, or who can impact a project. Before you can develop your own stakeholder analysis, or use a stakeholder map template, you need to understand how a stakeholder analysis works. The stakeholder analysis template is used to classify stakeholders and assess their interests in the project. However, if there is a danger that important stakeholders might be excluded, more time and resources should be invested in doing the stakeholder. Fill, sign and download stakeholder analysis template online on. Fillable and printable stakeholder analysis template 2020. To assist in your analysis process, weve provided several stakeholder. Stakeholder analysis is the systematic identification, evaluation, and prioritization of everyone who can influence, or has an interest in, a project, program or business. So when starting a project, its critical to do a stakeholder analysis and mapping exercise. District energy stakeholder engagement guide for more information, contact canmetenergy. In many circles these are called interest groups and they can have a powerful bearing on the outcomes of political processes. A stakeholder analysis is a process for providing insights into, and understanding of, the interactions between a project and its stakeholders grimble and wellard 1996. Top toolstemplate of stakeholder analysis using project managers. Stakeholder analysis, stakeholder mapping template groupmap.
Stakeholders are as good as owners of the company, and knowing the exact stake of every stakeholder is a must. This analysis gives both offensive as well as defensive strategic context to deal with these threats and opportunities. Stakeholders could belong to one or more of these groups. Also known as a stakeholder map or stakeholder matrix analysis, the process helps managers and teams discover which stakeholders to cater to first by ranking each one according to factors such as influence and interest. You can make use of our stakeholder analysis template to list your stakeholders. For example, someone might be a user of a handpump user group, and also involved in the water. Its an input to planning project communications, risk and engagement activities.