The document discusses stakeholders and their importance for project success. It defines stakeholders as people or groups with a direct or indirect interest in a project or its outcome. Early identification of stakeholders and meeting their needs are necessary for a project to succeed. Building good relationships with stakeholders is important but not sufficient, as stakeholders control funding and certification of a project's completion. The document provides tips on identifying, engaging, and managing stakeholders.

1. www.qbi.in

2. www.qbi.in

3. www.qbi.in

4. Stake
The degree to which you are involved in something and want it to succeed have a
stake in (doing) something: He has a huge stake in making the peace process work.
Stakeholder
A person, group or organization who has direct or indirect stake in outcome of the project or
proposed solution
www.qbi.in

5. The project has to meet the needs of its stake holders in order to
succeed
Early Identification of Stakeholders and their representatives is
necessary
www.qbi.in

6. “Stakeholders are your partners who control the purse strings
and certify successful project completion”
Vijay S Shukla, Director QBI Institute
“ For project success good relationship and rapport with your
stake holders is necessary but not a sufficient condition”
Vijay S Shukla, Director QBI Institute
www.qbi.in

7. www.qbi.in

8. www.qbi.in

9. Stake Holders Wheel
www.qbi.in

10. www.qbi.in

11. Power : High, Medium, Low
Support: Positive, Neutral, Negative
Influence: High or Low
Need: Strong, Medium, Weak
www.qbi.in

12. Source Business Analysis: Paul, Yeates, Cadle
www.qbi.in

13. www.qbi.in

14. www.qbi.in

15. www.qbi.in

16. www.qbi.in

17. www.qbi.in

18. – Identify them Early, Engage Continuously
– Get Introduced, Meet & Communicate Frequently
– Build Rapport, Make your life easy
– Understand & deliver their key requirements
– Lead your project to success
www.qbi.in