Stakeholder Analysis Course in Singapore

Stakeholders are either individuals or groups of people that are actively involved in delivering the objectives of a project, or who may be affected in a major or minor way as a result of project execution or project completion. They include business owners, sponsors, project team members, and even the project manager. They need to be considered in achieving project goals as their participation and support are crucial to the project’s success.

Project stakeholders are essential to the project for many reasons. They provide expertise about current processes, historical information, and industry insight. Their involvement in a project can help reduce or uncover risk.

Stakeholder analysis refers to the range of techniques or tools used to identify and understand the needs and expectations of significant interests inside and outside the project environment. Project management professionals consider it to be the first step in strategic planning activities on an organizational level. It is best accomplished before a project is initiated or at some beginning phase. The time spent on it should be tied to the type and complexity of the project.

Identifying all project stakeholders is the first critical step of stakeholder analysis. Prioritizing project stakeholders by interest and power is the second step. The most important outcome of stakeholder analysis is to know which stakeholders will support you and which stakeholders are likely to block you. Completing this activity helps project managers anticipate the needs and expectations of different stakeholders and prepare for them.

This course covers the basics of stakeholder analysis, its importance, and the techniques used to carry it out. It explains why the activity is vital to project management and how a better understanding of project stakeholders improves the chances of completing projects successfully.

This Stakeholder Analysis workshop is ideal for anyone who would like to gain a strong grasp and improve their Stakeholder Analysis.

The ideal group size for this Stakeholder Analysis course is:

The duration of this Stakeholder Analysis workshop is 2 full days. Knowles Training Institute will also be able to contextualised this workshop according to different durations; 3 full days, 1 day, half day, 90 minutes and 60 minutes.

Below is the list of course benefits of our Stakeholder Analysis course

● Build successful stakeholder relationships.
● Resolve or reduce conflicts with stakeholders.
● Guarantee project buy-in and support.
● Build your communication and negotiating skills.
● Transform difficult stakeholders into project partners.
● Career advancement and fulfillment.

Below is the list of course objectives of our Stakeholder Analysis course

● Explain what a stakeholder is.
● Understand the advantages and disadvantages of stakeholders.
● Identify any stakeholders that may conflict with your interest.
● List the benefits of stakeholder analysis to project management.
● Know what the critical steps of stakeholder analysis are.
● Understand which stakeholders will help and which ones will hamper your progress.
● Categorize stakeholders in terms of interest and power/influence.
● List the goals, needs, and expectations of different stakeholders
● Avoid actions that create stakeholder conflicts.
● Resolve conflicting stakeholder interests.
● Engage with different project stakeholders promptly.
● Know how to keep stakeholders engaged in the project from start to finish.
● Create a stakeholder participation matrix for a project.
● Develop clear communication plans for different stakeholders.

Below is the list of course content of our Stakeholder Analysis training programme course

● What is a stakeholder?
● Advantages and disadvantages of stakeholders.
● What are the benefits of Stakeholder Analysis?
● Benefits of Stakeholder Analysis
● Challenges of Stakeholder Analysis
● Critical steps of Stakeholder Analysis.
● Different types of project stakeholders.
● How to identify project stakeholders.
● Identifying stakeholders interests, impact level, and relative priority.
● Assessing stakeholders importance and influence.
● How to create a stakeholder participation matrix.
● Outlining assumptions and risks of different project stakeholders.
● Communicating with different project stakeholders.
● Managing stakeholders expectations.
● Common mistakes made in stakeholder analysis.

Each participant will receive the following materials for the Stakeholder Analysis course

Each course participant will receive a certification of training completion

There are 3 pricing options available for this Stakeholder Analysis training course. Course participants not in Singapore may choose to sign up for our online Stakeholder Analysis training course.

We have the following  discounts, fundings & subsidies for this Stakeholder Analysis training course

Contact us for the latest Stakeholder Analysis course schedules:

Register For This Stakeholder Analysis Course Now!

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