Do I create a stakeholder map in Excel? What is the best tool for stakeholder mapping? How do you plot a stakeholder matrix? Welcome to Projectcubicle's guide on stakeholder mapping! In today's dynamic business environment, effective stakeholder management is crucial for the success of any project. Stakeholders, who can be individuals, groups, or organizations, have a vested interest in the outcome of a project and can significantly impact its success or failure. Therefore, understanding their needs, expectations, and influence is paramount. Stakeholder analysis example provides insight into how this process can be executed effectively. By identifying key stakeholders, analyzing their interests, and assessing their level of influence, project teams can develop strategies to engage and manage them throughout the project lifecycle. One of the fundamental tools used in stakeholder analysis is the Power Interest Grid template. Also, this template categorizes stakeholders based on their level of power and interest in the project, enabling project managers to prioritize their engagement efforts. Additionally, the Stakeholder mapping template is another valuable tool that visually represents stakeholder relationships and their respective attributes, facilitating clearer communication and decision-making. Read the article to download Free Stakeholder Mapping Templates!

1. Very low Low Average High Very high
Heat level
Stakeholders with a
substantial impact on
project outcomes
Stakeholders requiring
frequent and proactive
engagement
Stakeholders with
moderate risks
or uncertainties
Stakeholders
with minimal impact
on strategic goals
Stakeholders
with minimal
or no support
Neutral or
moderately supportive
stakeholders
Stakeholders with
importance but
not critical
Stakeholders with
moderate risks
or uncertainties
Stakeholders needing
regular and focused
engagement
Stakeholders needing
regular and focused
engagement
Stakeholders
with high
potential risks
Stakeholders with
importance but
not critical
Limited support
or occasional
concerns raised
Stakeholders
with minimal
or no support
Stakeholders
with no
perceived impact
Stakeholders with
moderate risks
or uncertainties
Stakeholders with
regular but not intensive
engagement needs
Stakeholders with a
substantial impact on
project outcomes
Stakeholders with a
substantial impact on
project outcomes
Stakeholders
with significant
influence
Stakeholder D
Stakeholder A
Stakeholder B
Stakeholder C
Level of
Support
Strategic
Importance
Risk
Level
Engagement
Priority
Project
Impact
Stakeholder heat map