What is a stakeholder map?

Answer

A stakeholder map is a stakeholder management tool that identifies the stakeholders in a project or company, their interests, potential involvement in the project and the classification categories into which the stakeholders fall. Stakeholder maps are effective tools for project analysis. By correctly mapping stakeholders, the person in charge of a project can make sure that each person is adequately involved in project communication and decision making.

Stakeholder maps help to prioritize stakeholders by influence and participation in the project. To accomplish this, stakeholders must first be identified and named. After this, each stakeholder's interest in the project should be noted. Some stakeholders may have several interests in the project, such as funding, project content and project changes. Stakeholders with multiple interests may need to be classified as higher priority for communication purposes.

A stakeholder map notes what each stakeholder's involvement level in the project is, whether they take an active or passive role in the implementation of the project. By prioritizing stakeholders, the project manager can better facilitate the needs of each stakeholder in order of importance. This helps the manager to make sure that each stakeholder is adequately apprised of the progress of the project and receives the correct information to address that stakeholder's concerns.

Q&A Related to "What is a stakeholder map?"
A stakeholder map is a business tool that allows you to see a visual representation of your company's various stakeholders (individual and groups) their level of interest in the company
http://www.ehow.com/info_8783642_stakeholder-map.h...
Stakeholder mapping is the analysis of stakeholders in a particular field, focus area, sector or industry in terms of the existing stakeholders, patterns and relationships amongst
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A stakeholder is any person holding interest in a company who can have an impact on or be impacted by business concerns. A stakeholder can be an individual, a group, or a organization
http://www.ask.com/web-answers/Business/Other/what...
Understanding the impact the project will have on the stakeholders, and vice versa. Helps to devise a communication plan. Encourages support from key stakeholders which will help
http://www.quora.com/What-are-the-main-advantages-...
1 Additional Answer
Ask.com Answer for: what is a stakeholder map
What Is a Stakeholder Map?
Companies of all kinds have various groups of stakeholders, which must be kept happy. Understanding who all of your stakeholders are, their level of interest in your company and how much effort you need to put in to keep each type of stakeholder... More »
Difficulty: Easy
Source: www.ehow.com
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