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Stakeholder Analysis. Public Sector Improvement Facility Project Resources. What is a Stakeholder?. Any individual, group or institution who is affected by a project in a positive or negative way; or Any individual, group or institution that has an interest (or stake) in the project.
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Stakeholder Analysis Public Sector Improvement Facility Project Resources
What is a Stakeholder? • Any individual, group or institution who is affected by a project in a positive or negative way; or • Any individual, group or institution that has an interest (or stake) in the project Stakeholder Analysis
Why Analyse Stakeholders? • Understand your clients/beneficiary interests, needs and capabilities • Clarify all groups that might have an interest in a project or project concept • Identify potential opportunities and threats to project implementation • Determine the extent to which certain groups should participate in project planning, implementation and evaluation Stakeholder Analysis
Steps in Analysing Stakeholders • Identify important stakeholders and their interests • Assess the power and influence of stakeholders in relation to the project • Determine appropriate project response to each stakeholder/group • Plan which stakeholders will participate in the project cycle, when and how • Start to identify risks from stakeholders • Develop strategy for building participation and stakeholder commitment. Stakeholder Analysis
Prepare a Stakeholder Matrix Stakeholder Analysis
Who are the Stakeholder Groups? Stakeholder Analysis
What are the interests ofeach Stakeholder/Group? Stakeholder Analysis
What is the potential for each Stakeholder to affect the project? Stakeholder Analysis
Factors to Consider in Assessing Stakeholder Power and Influence • Legal or statutory authority • Authority of leadership • Control of strategic resources • Possession of specialist knowledge • Negotiating position & ability to influence other stakeholders • Social economic and political status • Formal/Informal links to other stakeholders(including role as “gatekeeper”) • Degree of dependence on other stakeholders Stakeholder Analysis
Determine the level of involvement of each stakeholder Stakeholder Analysis
Determine the stage at which each stakeholder will become involved Stakeholder Analysis
Develop a participation matrix Stakeholder Analysis