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Stakeholder management involves four key steps: 1) identifying stakeholders and their interests in the project, 2) planning stakeholder management strategies based on an analysis of their needs and potential impact, 3) engaging with stakeholders to meet their expectations and address issues, and 4) controlling stakeholder engagement by monitoring relationships and adjusting engagement strategies. The process allows a project manager to effectively engage stakeholders throughout the project life cycle to gain their support and input for project success.






