The concept of the power/interest grid in stakeholder analysis.

?? #ProjectManagement tip#34. Explain the concept of the power/interest grid in stakeholder analysis.

The power/interest grid is a tool used in stakeholder analysis to categorize stakeholders based on their level of power (influence) and interest in the project. This grid helps in prioritizing stakeholder management efforts. It is typically divided into four quadrants:

1. High Power, High Interest: These stakeholders are crucial to the project’s success. They should be closely managed with regular and detailed communication.

2. High Power, Low Interest: Stakeholders in this category should be kept satisfied, but not overwhelmed with information. Periodic updates are usually sufficient.

3. Low Power, High Interest: These stakeholders need to be kept informed and involved to maintain their interest and support.

4. Low Power, Low Interest: These stakeholders require minimal effort. Basic communication to keep them informed is generally adequate.

By categorizing stakeholders into these quadrants, project managers can allocate their time and resources more effectively, ensuring that stakeholders with the most influence and interest receive the attention necessary to support project success.

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