Identify stakeholders
"Anybody who is affected positively or negatively, by doing a project, or by not doing it, is a stakeholder"
Here is the link to a video of mine, explaining stakeholder management
The government of Kerala state
The central government of India
The banks who provide the loan
The political parties of Kerala
The Kochi corporation, where the work is happening
The citizens of Kochi
The vehicle owners of kochi (traffic is going to be interrupted during project execution)
Citizens, whose properties are acquired for the construction of the metro
The suppliers
The sub contractors
The customs
The future passengers
The design team
The planning team
The execution team
Delhi metro
Consultants
Share holders
Business houses positively impacted
Business houses negatively impacted
I am sure that this list is incomplete, because I am not directly involved in this project.
The key aspect is, before getting into the project, please do spend some time to understand the key stakeholders of the project, and to develop a strategy to deal with them. Some of my training participants get confused between the term sponsor and stakeholder. The stakeholder/stakeholders who fund the project are sponsors. All stakeholders are not sponsors, but a sponsor is definitely a key stakeholder.
Assignment
What is the definition of a stakeholder?
List down the stakeholders of one of your projects?
Is the sponsor a stakeholder?
Are all stakeholders, sponsors?
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