GENERAL KNOWLEDGE

Detailed explanation-1: -Stakeholder engagement helps organizations to proactively consider the needs and desires of anyone who has a stake in their organization, which can foster connections, trust, confidence, and buy-in for your organization’s key initiatives.

Detailed explanation-2: -Stakeholders can be identified during initiation of a project and while putting together the various project plans. Execution is definitely a possible stage for identifying stakeholders.

Detailed explanation-3: -Step 1: Clarify the goal of your plan and any requirements you must meet. To create the best plan for your team and your project, you need to understand your desired outcomes (or goals) for this plan (e.g., build positive stakeholder relationships, meet regulatory requirements, gain approval, etc.).

Detailed explanation-4: -A stakeholder’s primary role is to help a company meet its strategic objectives by contributing their experience and perspective to a project. They can also provide necessary materials and resources. Their support is crucial to a successful project.