Question:
The central role of stakeholders in the successful delivery of projects is becoming increasingly recognized. Engaging effectively and ethically with key stakeholders to help to create a successful project outcome requires significant levels of skill and organizational maturity.
(a) Define the term ‘stakeholder'
(b) The ‘Stakeholder Circle' methodology can be used as a process framework to describe ‘Stakeholder Relationship Management Maturity'. Describe the concept of Stakeholder Circle (SC)
(c) Show the various steps involved in the Stakeholder Circle model so as to cater for changes in stakeholder community membership and stakeholder influence throughout the life of a project.