Question

what are the significants of stake holders???

Answer 1

Without exploring your stakeholders and engaging them it is hard to lead a successful project, and a significant number of projects fail because of the lack of proper stakeholder management plan. In small-scale, you want to change your kitchen cabinets. Would you do that without asking your wife or people who live in the same household? Would it cause a conflict or stress?In large-scale, for instance, building a waste processing infrastructure or new buildings, your project won't get the necessary consents, delays and potentially fails.