Stakeholder Analysis is key for project success!!

The September edition of All PM Today, the IIL Newsletter (see: www.allpm.com) in its monthly poll posed the question “Stakeholder analysis is a key factor for project success?” The answer was an overwhelming ‘yes’. The results published today (October edition) are:

Stakeholder analysis is a key factor for project success
a) For all projects regardless of size – 95.41 %
b) Only for mission critical projects – 0 %
c) Only for projects that are politically sensitive – 3.67 %
d) Stakeholder analysis is minimally important – 0.92 %

Compared to the level of interest a year or so back, we are seeing similar trends in enquiries about the Stakeholder Circle® – maybe at last the vast majority of PMs are recognising that project success is directly associated with fulfilling stakeholder expectations. The 1% who voted ‘no’ may find my paper Avoiding the successful failure! helpful.

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