Stakeholder analysis to identify key performance indicators of project success

Step#1 Identify the stakeholders of the project / product  (sample list below)

  • Sponsors
  • Portfolio managers
  • Program managers
  • Project managers
  • Owners
  • Engineering mangers / teams
  • Design teams
  • Sub contractors
  • Procurement team
  • Quality team
  • Risk management team
  • Change management team
  • Safety management team
  • Cost controllers
  • Finance
  • Sales & Marketing
  • Project management office
  • Competitors
  • Consultants
  • End users
  • Government agencies
  • Industry bodies
  • Environment safety
  • Quantity surveyors
  • Competitors   etc..

2. Classify them into the segments of;

  1. High power, High interest
  2. High power, Low interest
  3. Low power, High interest
  4. Low power, Low interest

 

3. Identify the key parameters they would like to track towards meeting the project goals of their interest.

The following diagram depicts a stakeholder classification and the probable project parameters they would like to track

BCG for project health

 

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