Stakeholders

Stakeholder can be any individual or organisation who can influence the project or get influenced by the project positively or negatively. They can be active or passive. They have their direct or vested interest in successful execution and completion of project. Stakeholder identification is necessary to determine their needs and expectations and then manage those expectations.

e.g. Business and political leaders, NGO’s, environmentalists, financial institutions etc.

A typical example of stakeholders of a polytechnic is shown below

met. This gives the impression that project is on schedule when actually some activities are being ignored.