The degree to which a stakeholder is required to contribute to a project to ensure success depends on a number of factors, including the stakeholder’s position and authority within the organisation, the degree to which the project is reliant upon the particular stakeholder to provide a product or service, the level of “social” influence of the individual and the degree to which the individual is familiar with specific aspects of the business. Each of these factors can be analysed in more detail during stakeholder analysis. The outcome is summarised into a contribution index, which has the following values:
Critical. The stakeholder has the power to make the project succeed or to prevent it from succeeding altogether;
Desirable. The project can be completed even without an active contribution from the stakeholder, but this would have a serious impact on the quality, elapsed time and cost of execution. Is able to act as an advocate for the project to peers;
Non-essential. Although the stakeholder can contribute to the project, this contribution is either not essential or can be more easily obtained from other stakeholders. (Note: an individual with a contribution index below Non-essential is not a stakeholder).
The degree to which a stakeholder is required to contribute to a project to ensure success depends on a number of factors, including the stakeholder’s position and authority within the organisation, the degree to which the project is reliant upon the particular stakeholder to provide a product or service, the level of “social” influence of the individual and the degree to which the individual is familiar with specific aspects of the business. Each of these factors can be analysed in more detail during stakeholder analysis. The outcome is summarised into a contribution index, which has the following values:
Critical. The stakeholder has the power to make the project succeed or to prevent it from succeeding altogether;
Desirable. The project can be completed even without an active contribution from the stakeholder, but this would have a serious impact on the quality, elapsed time and cost of execution. Is able to act as an advocate for the project to peers;
Non-essential. Although the stakeholder can contribute to the project, this contribution is either not essential or can be more easily obtained from other stakeholders. (Note: an individual with a contribution index below Non-essential is not a stakeholder).
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