MODULE 2: Identifying and analysing the stakeholders and ...

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A15ImportanceB41 2 3 45Influence22D1C• Now proceed to Exercise 16.Quadrant A Stakeholders of high importance to the project, butwith low influence. This implies that they will require specialinitiatives if their interests are to be protected. Develop astrategy for working with these stakeholders.Quadrant B Stakeholders appearing to have a high degree ofinfluence on the project, and who are also of high importancefor its success. This implies you will need to construct goodworking relationships with these stakeholders, to ensure aneffective coalition of support for the project. Develop a strategyfor working with these stakeholders.Quadrant C Stakeholders with high influence, who cantherefore affect the project outcomes, but whose interests arenot the target of the project. This conclusion implies that thesestakeholders may be a source of significant risk, and they willneed careful monitoring and management. Develop a strategyfor working with these stakeholders.Quadrant D Stakeholders in this box, with low influence on, orimportance to project objectives may require limited monitoringor evaluation, but are of low priority. They are unlikely to be thesubject of project activities or management. Remove thesefrom your stakeholder list28MODULE 2: Identifying and analysing the stakeholders and establishing networks
2.5EXERCISESHEET2.5STAKEHOLDER RISK ASSESSMENTTOOLWhat is it?The Stakeholder Risk Assessment Tool guides in recording therelative risk associated with each of the stakeholders.Who uses it?An individual or group – preferably done with a small group.Why use it?To determine the risk levels of the key stakeholders.How to use it:• Explain the objective of the exercise to the group.• Brainstorm (See Exercise Sheet 1.2) the risks which youthink relate to each of the stakeholders.• Clarify the responses using the checklist below.Checklist for drawing out assumptions about (andrisks deriving from) stakeholders• What is the role or response of the key stakeholder thatmust be assumed if the project is to be successful?• Are there negative responses which can be expected,given the interests of the stakeholder?• If such responses occur what impact would they have onthe project?• How likely are these negative responses to occur, andare they major risks?• In summary, which views about stakeholders support orthreaten the project?29MODULE 2: Identifying and analysing the stakeholders and establishing networks
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