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How to list the stakeholders in project management?

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I want to list the stakeholders in my current project. Is there a template (preferably in Excel) for doing this? If you can't provide me with a template, can you tell me how to do so? Should I just include the name of the stakeholder, and the level of involvement in the project (low, medium, high)?
asked 9 years ago by anonymous

1 Answer

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The level of involvement is fine (though it is called interest), but you may need more than that:

- Name of the stakeholder
- Power (1 to 5, where 5 means that the stakeholder has the utmost power in the company)
- Interest (1 to 5): How interested is this stakeholder in the project.
- Importance (1 to 5): How important is the stakeholder to this project. Importance is different than interest, because a stakeholder might be interested in the project, but not important. Though not many people use the importance as a factor (and prefer dealing only with Power and Interest), you must understand that an important stakeholder can have some serious effects on the project, if, let's say, he takes a vacation, travels, moves to another company, etc... So when these things happen, and you know that the stakeholder is important, you will be able to plan accordingly very fast.
- Action: This column should contain the Power / Interest value for the corresponding stakeholder based on his (you knew it) power and interest. It can be "Monitor", "Inform", "Satisfy", "Highly manage" (see: http://www.projectmanagementquestions.com/1251/an-example-of-a-stakeholder-power-interest-grid )
answered 8 years ago by humblepm (17,390 points)

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