What is Stakeholder Management Plan?

The Stakeholder Management Plan is similar to a road map that explains how you’ll engage and work with all of the people involved or impacted by your project. It’s similar to having a strategy for keeping everyone happy and informed at a large family gathering. It is a document that defines who the stakeholders are, what they care about, how they will be involved, and how you will interact with them throughout the project. It assists project managers in understanding the requirements and expectations of each stakeholder, ensuring effective communication and engagement to keep everyone on board and supportive of the project’s goals.