Stakeholder Analysis is a process of identifying, analyzing, and prioritizing the needs of the various stakeholders involved in a project.
The purpose of stakeholder analysis is to identify who are the major stakeholders in a project and what their needs are. The goal is to find out what each stakeholder wants and how much they want it. The objective of this activity is to identify who will be affected by the project and what their requirements are.
The stakeholder analysis is an important step in the process of developing a new product or service. It is a process that helps identify the different groups of people who will be affected by the development. The stakeholders are categorized into three groups: Internal stakeholders, External stakeholders, Strategic partners and suppliers. Internal stakeholders are those who work within your organization, such as employees, managers, directors and executives. External stakeholders are those who work outside of your organization, such as customers, competitors, shareholders and suppliers.