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Episode 261: How to Identify Project
Stakeholders
PMI, PMP, CAPM, PgMP, PMI-ACP, PMI-SP, PMI-RMP and PMBOK are trademarks of the Project Management Institute, Inc. PMI has not endorsed and
did not participate in the development of this publication. PMI does not sponsor this publication and makes no warranty, guarantee or representation,
expressed or implied as to the accuracy or content. Every attempt has been made by OSP International LLC to ensure that the information presented
in this publication is accurate and can serve as preparation for the PMP certification exam. However, OSP International LLC accepts no legal
responsibility for the content herein. This document should be used only as a reference and not as a replacement for officially published material.
Using the information from this document does not guarantee that the reader will pass the PMP certification exam. No such guarantees or warranties
are implied or expressed by OSP International LLC.
2
It’s imperative that you know your project’s stakeholders. After all, to satisfy a
stakeholder need is usually the reason why we undertake projects. That’s why
we define stakeholders as a person or organization with an interest in the
project’s completion. Think of influential customers, sponsors, the public or
your own company that are all involved in the project.
This interview focuses on a single activity: Identifying all the stakeholders we
have on the project. This is a time-consuming process, and you want to ensure
no important stakeholder is missed. And to help you with that, Emad and
Cornelius review eight areas that require your attention.
3
In this interview we present Dr. Emad Rahim, DM, PMP
(http://www.linkedin.com/in/erahim, @DrEmadRahim),
who says that because your stakeholders require you to
understand the specifications of a project and to meet
their expectations, performing an analysis of who they are
is essential.
4
The following are the first few pages of the transcript.
Hello Emad and welcome to The Project
Management Podcast™!
Great to be here! Thank you for having me.
5
Cornelius Fichtner: Oh, you are welcome. Thank you for joining us today! So we
want to talk about stakeholders, in particular how to identify stakeholders
making sure that we have everybody who is a stakeholder in our project
identified. But let's take a step back here first of all and let's define stakeholder.
So what is a stakeholder in your definition?
Dr. Emad Rahim: Well, stakeholders are people that have a direct or indirect
impact on a project. This could be negative or this could be positive. But these
people will contribute to the project in some shape or form.
6
Cornelius Fichtner: Okay and why do we need to identify all of them?
Dr. Emad Rahim: Well one is to make sure that we have all of the necessary
information that is related to the project and also know exactly who are the
players are, where the resource is located, who are the clients, what type of
materials and content are needed and who do we communicate this information
to. So all those things are really needed in order to fully understand who the
stakeholders are and the role they play in the project.
7
Cornelius Fichtner: And how time consuming is stakeholder identification?
Dr. Emad Rahim: It varies depending on how large the project is. The project size,
scale, complexity could change how many stakeholders there are and the level of
it actually contributes to the project. So it does vary.
Cornelius Fichtner: Alright! So what we agreed to is you co-authored a blog post
about this particular topic and we're going to link to that blog post in the show
notes and we're just going to go through the various areas that you and your co-
author suggest that you should go through in order to identify the stakeholders.
The first item that you talk about in the blog post is you have to review the
project charter. How does the project charter help us?
8
To listen to this Interview you may download the audio at:
Episode 261:
http://hwcdn.libsyn.com/p/b/f/2/bf28eabfcc32b366/PM_Podcast_261_2014_01_2
4_-
_emad_rahim.mp3?c_id=6678007&expiration=1408029442&hwt=89c06a0e9e370e
a8d85e799b7065fed4
Subscribe to The PM Podcast in iTunes:
https://itunes.apple.com/us/podcast/project-management-podcast/id79900698#
This Podcast Interview is brought
to you by:
http://www.project-management-
podcast.com/
9

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Episode 261: How to Identify Project Stakeholders

  • 1. Episode 261: How to Identify Project Stakeholders PMI, PMP, CAPM, PgMP, PMI-ACP, PMI-SP, PMI-RMP and PMBOK are trademarks of the Project Management Institute, Inc. PMI has not endorsed and did not participate in the development of this publication. PMI does not sponsor this publication and makes no warranty, guarantee or representation, expressed or implied as to the accuracy or content. Every attempt has been made by OSP International LLC to ensure that the information presented in this publication is accurate and can serve as preparation for the PMP certification exam. However, OSP International LLC accepts no legal responsibility for the content herein. This document should be used only as a reference and not as a replacement for officially published material. Using the information from this document does not guarantee that the reader will pass the PMP certification exam. No such guarantees or warranties are implied or expressed by OSP International LLC.
  • 2. 2 It’s imperative that you know your project’s stakeholders. After all, to satisfy a stakeholder need is usually the reason why we undertake projects. That’s why we define stakeholders as a person or organization with an interest in the project’s completion. Think of influential customers, sponsors, the public or your own company that are all involved in the project. This interview focuses on a single activity: Identifying all the stakeholders we have on the project. This is a time-consuming process, and you want to ensure no important stakeholder is missed. And to help you with that, Emad and Cornelius review eight areas that require your attention.
  • 3. 3 In this interview we present Dr. Emad Rahim, DM, PMP (http://www.linkedin.com/in/erahim, @DrEmadRahim), who says that because your stakeholders require you to understand the specifications of a project and to meet their expectations, performing an analysis of who they are is essential.
  • 4. 4 The following are the first few pages of the transcript. Hello Emad and welcome to The Project Management Podcast™! Great to be here! Thank you for having me.
  • 5. 5 Cornelius Fichtner: Oh, you are welcome. Thank you for joining us today! So we want to talk about stakeholders, in particular how to identify stakeholders making sure that we have everybody who is a stakeholder in our project identified. But let's take a step back here first of all and let's define stakeholder. So what is a stakeholder in your definition? Dr. Emad Rahim: Well, stakeholders are people that have a direct or indirect impact on a project. This could be negative or this could be positive. But these people will contribute to the project in some shape or form.
  • 6. 6 Cornelius Fichtner: Okay and why do we need to identify all of them? Dr. Emad Rahim: Well one is to make sure that we have all of the necessary information that is related to the project and also know exactly who are the players are, where the resource is located, who are the clients, what type of materials and content are needed and who do we communicate this information to. So all those things are really needed in order to fully understand who the stakeholders are and the role they play in the project.
  • 7. 7 Cornelius Fichtner: And how time consuming is stakeholder identification? Dr. Emad Rahim: It varies depending on how large the project is. The project size, scale, complexity could change how many stakeholders there are and the level of it actually contributes to the project. So it does vary. Cornelius Fichtner: Alright! So what we agreed to is you co-authored a blog post about this particular topic and we're going to link to that blog post in the show notes and we're just going to go through the various areas that you and your co- author suggest that you should go through in order to identify the stakeholders. The first item that you talk about in the blog post is you have to review the project charter. How does the project charter help us?
  • 8. 8 To listen to this Interview you may download the audio at: Episode 261: http://hwcdn.libsyn.com/p/b/f/2/bf28eabfcc32b366/PM_Podcast_261_2014_01_2 4_- _emad_rahim.mp3?c_id=6678007&expiration=1408029442&hwt=89c06a0e9e370e a8d85e799b7065fed4 Subscribe to The PM Podcast in iTunes: https://itunes.apple.com/us/podcast/project-management-podcast/id79900698#
  • 9. This Podcast Interview is brought to you by: http://www.project-management- podcast.com/ 9