Stakeholder Management Essay Example | Topics and Well Written Essays - 500 words

Stakeholder Management - Essay Example As the research discusses the first management process is identification of stakeholders. The stakeholder selected should be able to match the needs and objective of the organization. On the other hand, Stakeholder should abide by the provisions provided for the partnership to exist. After selection stakeholders should then be prioritized based on what they offer to bring to the partnership. Prioritization is based on the needs of the organizations and how much the stakeholders offer. Understanding the key stakeholders is then required in order to create a proper engagement framework. Key principles are then identified. In addition, organizational stakeholders are also identified to increase engagement approaches used during the process of stakeholder engagement. Communication and engagement with stakeholders is then instigated to create a long term interaction all way through the entire project. From the report it is clear that the importance of control stakeholder engagement and manage stakeholder engagement in the organization are mainly based on ensure project objectives are met within the specified period of time. The organization understands what is required from the stakeholder relationship until the project is complete. In an argument by Turner the engagement approaches provide an overview of what project completion requires in regards to the partnership with stakeholders. Most importantly, organization or project managers are able to detect any new or unexpected requirements as the project continues.