{"id":17787,"date":"2019-11-01T00:00:00","date_gmt":"2019-11-01T05:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/"},"modified":"2019-11-01T00:00:00","modified_gmt":"2019-11-01T05:00:00","slug":"how-proper-stakeholder-management-can-lead-to-project-success","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/","title":{"rendered":"How Proper Stakeholder Management Can Lead to Project Success"},"content":{"rendered":"<p> <!-- .post-meta --><\/p>\n<p>Stakeholders have a major effect on projects, which is no big surprise seeing as projects also affect them, <a href=\"\/identifying-project-stakeholders-when-they-arent-obvious\">as we&#x2019;ve looked at previously<\/a>. However, not all stakeholders perform the same roles or want the same things. This is why stakeholder management is so crucial to ensuring that relationships are maintained and support for the project is kept strong.<\/p>\n<p><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg\" alt height=\"400\"><\/p>\n<p><b>How Stakeholder Management Can Lead to Success<\/b><\/p>\n<p><b>Sign-off on Budgets and Changes<\/b><\/p>\n<p>The most common flashpoints among <a href=\"\/project-management-stakeholders\">project stakeholders<\/a> surround issues of budget and scope changes. Tell them you&#x2019;re going to migrate all your project management online and there&#x2019;ll be tumbleweeds, but tell them you&#x2019;re going to have to switch the plan slightly and frontload the project&#x2019;s budget and suddenly everyone&#x2019;s an op-ed writer.<\/p>\n<p>Careful stakeholder management means building support among those with (financial) skin in the game. That way, when the big questions come around, you have enough (if not all) of them in your corner to win the debate.<\/p>\n<p><b>Input and Expertise<\/b><\/p>\n<p>Project stakeholders can be anywhere &#x2013; local communities, federal government or even the dog pound where you&#x2019;ve promised to take the team for CSR. <a href=\"https:\/\/www.investopedia.com\/terms\/s\/stakeholder.asp\">Direct stakeholders<\/a>, however, are those who have a greater interest in your day-to-day activities, such as the company&#x2019;s executives, major suppliers or a project sponsor. It is from this group of internal and external stakeholders that you can gain one of the great benefits of stakeholder relationships, i.e., helpful input and levels of access to key contacts that wouldn&#x2019;t have been possible otherwise.<\/p>\n<p><b>Support for Delays and Issues<\/b><\/p>\n<p>The majority of projects face issues at some time or another, and it can be a trying time for the project managers involved. The best option when having to account for delays and other project problems is to face the issue head-on. In this case, it helps if your stakeholder management has cultivated strong enough trust that your leadership is supported and you receive the approval to make the changes the project needs.<\/p>\n<p><b>Risk Management<\/b><\/p>\n<p>In terms of assessing and managing risk, stakeholders play a two-fold role. Firstly, when putting together the risk register of potential risks for the project, many stakeholders will be able to provide helpful experience of past similar projects. Secondly, project stakeholders should also <a href=\"https:\/\/www.apm.org.uk\/resources\/find-a-resource\/stakeholder-engagement\/key-principles\/\">be included as risks themselves<\/a>, as their actions or decisions can have a direct bearing on your chances of success. Thus parts of stakeholder management also become risk management.<\/p>\n<p><b>Defining Successful Outcomes<\/b><\/p>\n<p>The parameters for a successful project are usually delineated at the beginning of a project. Project stakeholders will have input into project goals and objectives, but also will be part of the process of reassessing the project&#x2019;s success or failure should there be any changes mid-project, or if it is brought to a premature end.<\/p>\n<div id=\"content-cta\">\n<div id=\"content-cta-text\">Increase your business agility with Planview AdaptiveWork&#x2019;s project management software<\/div>\n<div id=\"content-cta-button\"><a href=\"https:\/\/www.clarizen.com\/resource\/product-tour\/?refer=blogpost\">Take a Product Tour<\/a><\/div>\n<\/div>\n<p>Direct stakeholders are ultimately the cohort that must be satisfied for a project to be truly successful. Stakeholder management then becomes one of the most important tasks that any project manager has to fulfill. But when direct stakeholders are fully engaged and informed, projects can soar.<\/p>\n<p><\/p>\n<div class=\"client-logo\"> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Siemens Energy\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/08\/siemens_energy-200x100.png\" alt=\"Siemens Energy\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"IIROC Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/07\/IIROC_logo-200x100.gif\" alt=\"IIROC Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Financial Services Institution\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/04\/FINANCIAL-SERVICES-IMG-200x100.jpg\" alt=\"Financial Services Institution\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"M Squared\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2020\/03\/m-squared-logo-200x100.jpg\" alt=\"M Squared\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Aliancys Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/12\/aoc_aliancys-logo-800x400-200x100.jpg\" alt=\"Aliancys Success\"><\/a> <a href=\"https:\/\/www.clarizen.com\/customers\/\" title=\"Bonfiglioli Success\"><img class=\"lazyload\" data-src=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/bonfiglioli_logo-800x400-200x100.jpg\" alt=\"Bonfiglioli Success\"><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stakeholders have a major effect on projects, which is no big surprise seeing as projects also affect them, as we&#x2019;ve looked at previously. However, not all stakeholders perform the same roles or want the same things. This is why stakeholder management is so crucial to ensuring that relationships are maintained and support for the project&#8230;<\/p>\n","protected":false},"author":205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[35],"tags":[],"class_list":["post-17787","post","type-post","status-publish","format-standard","hentry","category-pmo-project-management-organizations"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Proper Stakeholder Management Can Lead to Project Success<\/title>\n<meta name=\"description\" content=\"Managing stakeholders with regards to expectations, constraints and support is vital for success. Here\u2019s why.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Proper Stakeholder Management Can Lead to Project Success\" \/>\n<meta property=\"og:description\" content=\"Managing stakeholders with regards to expectations, constraints and support is vital for success. Here\u2019s why.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-01T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg\" \/>\n<meta name=\"author\" content=\"Team AdaptiveWork\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team AdaptiveWork\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/\"},\"author\":{\"name\":\"Team AdaptiveWork\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/e307731bc782b0042d055366fc035e50\"},\"headline\":\"How Proper Stakeholder Management Can Lead to Project Success\",\"datePublished\":\"2019-11-01T05:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/\"},\"wordCount\":551,\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2019\\\/11\\\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg\",\"articleSection\":[\"Project Portfolio Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/\",\"name\":\"How Proper Stakeholder Management Can Lead to Project Success\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2019\\\/11\\\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg\",\"datePublished\":\"2019-11-01T05:00:00+00:00\",\"description\":\"Managing stakeholders with regards to expectations, constraints and support is vital for success. Here\u2019s why.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#primaryimage\",\"url\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2019\\\/11\\\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg\",\"contentUrl\":\"https:\\\/\\\/media.planview.com\\\/clarizen\\\/wp-content\\\/upload\\\/2019\\\/11\\\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/how-proper-stakeholder-management-can-lead-to-project-success\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/blog.planview.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Proper Stakeholder Management Can Lead to Project Success\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#website\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/\",\"name\":\"Planview Blog\",\"description\":\"Leading the conversation on digital connected work\",\"publisher\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/blog.planview.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#organization\",\"name\":\"Planview\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2015\\\/06\\\/planview-logo-black.png\",\"contentUrl\":\"https:\\\/\\\/blog.planview.com\\\/wp-content\\\/uploads\\\/2015\\\/06\\\/planview-logo-black.png\",\"width\":280,\"height\":66,\"caption\":\"Planview\"},\"image\":{\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"http:\\\/\\\/www.facebook.com\\\/pages\\\/Planview-Inc\\\/89422974772\",\"https:\\\/\\\/x.com\\\/Planview\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/blog.planview.com\\\/#\\\/schema\\\/person\\\/e307731bc782b0042d055366fc035e50\",\"name\":\"Team AdaptiveWork\",\"url\":\"https:\\\/\\\/blog.planview.com\\\/author\\\/team-adaptivwork\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How Proper Stakeholder Management Can Lead to Project Success","description":"Managing stakeholders with regards to expectations, constraints and support is vital for success. Here\u2019s why.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/","og_locale":"en_US","og_type":"article","og_title":"How Proper Stakeholder Management Can Lead to Project Success","og_description":"Managing stakeholders with regards to expectations, constraints and support is vital for success. Here\u2019s why.","og_url":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/","og_site_name":"Planview Blog","article_publisher":"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","article_published_time":"2019-11-01T05:00:00+00:00","og_image":[{"url":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg","type":"","width":"","height":""}],"author":"Team AdaptiveWork","twitter_card":"summary_large_image","twitter_creator":"@Planview","twitter_site":"@Planview","twitter_misc":{"Written by":"Team AdaptiveWork","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#article","isPartOf":{"@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/"},"author":{"name":"Team AdaptiveWork","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50"},"headline":"How Proper Stakeholder Management Can Lead to Project Success","datePublished":"2019-11-01T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/"},"wordCount":551,"publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"image":{"@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg","articleSection":["Project Portfolio Management"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/","url":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/","name":"How Proper Stakeholder Management Can Lead to Project Success","isPartOf":{"@id":"https:\/\/blog.planview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#primaryimage"},"image":{"@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#primaryimage"},"thumbnailUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg","datePublished":"2019-11-01T05:00:00+00:00","description":"Managing stakeholders with regards to expectations, constraints and support is vital for success. Here\u2019s why.","breadcrumb":{"@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#primaryimage","url":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg","contentUrl":"https:\/\/media.planview.com\/clarizen\/wp-content\/upload\/2019\/11\/1-How-Proper-Stakeholder-Management-Can-Lead-to-Project-Success.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/blog.planview.com\/how-proper-stakeholder-management-can-lead-to-project-success\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blog.planview.com\/"},{"@type":"ListItem","position":2,"name":"How Proper Stakeholder Management Can Lead to Project Success"}]},{"@type":"WebSite","@id":"https:\/\/blog.planview.com\/#website","url":"https:\/\/blog.planview.com\/","name":"Planview Blog","description":"Leading the conversation on digital connected work","publisher":{"@id":"https:\/\/blog.planview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blog.planview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/blog.planview.com\/#organization","name":"Planview","url":"https:\/\/blog.planview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/","url":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","contentUrl":"https:\/\/blog.planview.com\/wp-content\/uploads\/2015\/06\/planview-logo-black.png","width":280,"height":66,"caption":"Planview"},"image":{"@id":"https:\/\/blog.planview.com\/#\/schema\/logo\/image\/"},"sameAs":["http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772","https:\/\/x.com\/Planview"]},{"@type":"Person","@id":"https:\/\/blog.planview.com\/#\/schema\/person\/e307731bc782b0042d055366fc035e50","name":"Team AdaptiveWork","url":"https:\/\/blog.planview.com\/author\/team-adaptivwork\/"}]}},"_links":{"self":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/users\/205"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/comments?post=17787"}],"version-history":[{"count":0,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/posts\/17787\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/media?parent=17787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/categories?post=17787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.planview.com\/wp-json\/wp\/v2\/tags?post=17787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}