Stakeholder Management Knowledge Area Processes Flow

Well, we have come to our last Knowledge Area i.e. Stakeholder Management. This Knowledge Area has 4 processes. Please find below the process flow diagram for
this Knowledge Area.In case you require a single PDF with all these 10 knowledge area process flows.

Stakeholder Management knowledge area has four processes. There is one process each for Initiating, Planning, Executing and Monitoring and Control.
The table below presents the purpose and Key Benefit of each of these processes. PMBoK(R) extensively describes each process with its Inputs, Tools
and Techniques and Outputs. Stakeholder Management can either make or break your project and your career. Remember, stakeholders provide the
requirements, acceptance criteria and are affected by the outcomes of the Project. Managing them carefully would make a Project Manager manage
his/her project more peacefully.
Identify Stakeholders

Knowledge Area
Stakeholders
Process Group
Initiating
The process of identifying the people, groups, or organizations that could impact or be impacted by a decision, activity, or outcome of
Purpose the project, and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence,
and potential impact on project success.
Key Benefit It allows the Project Manager to identify the appropriate focus for each stakeholder or group of stakeholders.
Plan Stakeholder Management Knowledge Area
Stakeholders
Process Group
Planning
The process of developing appropriate management strategies to effectively engage stakeholders throughout the project life cycle,
Purpose
based on analysis of their needs, interests and potential impact on project success.
Key Benefit It provides a clear and actionable plan to interact with project stakeholders to support the projects interests.
Manage Stakeholder
Knowledge Area
Stakeholders
Process Group
Executing
Engagement
Purpose
Key Benefit
Control Stakeholder
Engagement

The process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur, and
foster appropriate stakeholder engagement in project activities throughout the project life cycle.
It allows the Project Manager to increase support and minimize resistance from stakeholders, significantly increasing the chances to
achieve project success.
Knowledge Area

Stakeholders

Process Group

Monitoring and Controlling

Purpose The process of monitoring overall project stakeholder relationships and adjusting strategies and plans for engaging stakeholders.
Key Benefit

It will maintain or increase the efficiency and effectiveness of stakeholder engagement activities as the project evolves and its
environment changes.