Question

identity stakeholders Who would give importance in finding the cost​

Answer 1

Answer:

Stakeholder Identification

A project stakeholder is an individual, department or organization that may be affected by the results of a project or have an effect on how the project is carried out. There are three main categories or levels of stakeholder interest or involvement. The first level includes stakeholders who are actively involved in the project and the second level includes those whose interests are affected by work performed or the finished result. The third level includes individuals, departments or organizations that exert a degree of influence over the project or project deliverables.

Managing Stakeholder Expectations

Stakeholder identification is important not only for determining who a project’s stakeholders are but also for determining the best way or ways to manage their expectations. Every stakeholder, regardless of his level, wants or expects something from the project or its outcome. You can use this to your advantage, for example, during a project proposal meeting. The more thoroughly you address stakeholder interests in defining project objectives, working methods, planning and problem-solving, the better chance you have of getting your project approved.