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Why can the end of the project be stressful to many stakeholders?

Every time we reach the end of the project, I see that my stakeholders become more and more stressed and in "panic mode". Why is that? I understand the reasons behind the fear, the stress, and the frustration of the project manager, but I don't see any reason for stakeholders to be stressed. What is your opinion about this?
asked 11 years ago by anonymous

1 Answer

Remember their name, they are stakeholders, this means they have a stake in the project, your only stake is that you will keep your job (and maybe get promoted) should the project be a success and provide a decent ROI, their stake, however, is much bigger, they might have shares in the company (that will skyrocket if the resulting product or service is successful), or are afraid of the competition coming with something better before the project is even finished. They have a lot of reasons to panic, and it is normal to pass this panic to you. Now what you should do in this case is called "stakeholder management". You have heard about it, no?
answered 11 years ago by humblepm (17,390 points)

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