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Stakeholders

Stakeholders are individuals, groups, or organizations that can affect, be affected by, or perceive themselves to be affected by a project or its outcomes.

Why this domain matters

Projects exist in a network of people with different interests, power levels, and expectations. Effective stakeholder engagement helps align expectations, secure support, and reduce resistance. Ignoring key stakeholders leads to hidden opposition, late surprises, and outcomes that may be technically correct but practically unusable.

Key concepts

  • Stakeholder identification: systematically finding all relevant stakeholders early and throughout the project.
  • Stakeholder analysis: understanding influence, interest, expectations, and possible impact on the project.
  • Stakeholder engagement plan: strategies for communication, involvement, and managing expectations.
  • Communication channels: formal and informal methods to share information and gather feedback.
  • Ongoing engagement: monitoring sentiment and adjusting strategies as the project and context change.

Common pitfalls and exam traps

  • Treating stakeholder engagement as a one-time list instead of an ongoing process.
  • Focusing only on supportive stakeholders and ignoring opponents or skeptics.
  • Assuming the sponsor speaks for all stakeholders and skipping broader engagement.
  • Using a single communication style for everyone, regardless of their needs and influence.
  • Exam trap: jumping to “send a status report” when the better answer is to analyze or re-engage stakeholders strategically.

PMP Example Question

PMP Example Question

A new senior executive joins the organization and is identified as a high-influence stakeholder. They have strong concerns about the project’s approach and are not convinced of its benefits. What should the project manager do first?

  1. Escalate the issue to the sponsor and ask them to handle the situation.
  2. Send the executive the latest status report and project charter.
  3. Meet with the executive to understand their concerns and expectations.
  4. Ignore the concern because the project has already been approved.

Correct Answer: C — Meet with the executive to understand their concerns and expectations.

Explanation: When a new, powerful stakeholder appears with concerns, the project manager should first seek to understand their perspective through direct engagement. This information then feeds into updated stakeholder analysis and engagement plans. Automatically escalating, sending generic documents, or ignoring the stakeholder does not address the underlying concerns.

Advanced Project Management — Measuring Project Performance

Move beyond guesswork and status reporting. This course helps you measure real progress, spot problems early, and make confident decisions using proven project performance techniques. If you manage complex projects and want clearer visibility and control, this course is built for you.

This is not abstract theory. You’ll work step by step through Earned Value Management (EVM), learning how cost, schedule, and scope come together to show true performance. You’ll build a solid foundation in EVM concepts, understand why formulas work, and learn how performance data actually supports leadership decisions.

You’ll master Work Breakdown Structures (WBS), control accounts, and budget baselines, then apply core EVM metrics like EAC, TCPI, and variance analysis. Through a detailed real-world example, you’ll forecast outcomes, analyze trends, and understand contingencies and management reserves with confidence.

Learn how experienced project managers monitor performance, communicate results clearly, and take corrective action before projects slip. With practical exercises and hands-on analysis, you’ll be ready to apply EVM immediately. Enroll now and start managing performance with clarity and control.



Lead with clarity, influence, and outcomes.

HK School of Management brings you a practical, no-fluff Leadership for Project Managers course—built for real projects, tight deadlines, and cross-functional teams. Learn to set direction, align stakeholders, and drive commitment without relying on title. For the price of a lunch, get proven playbooks, and downloadable templates. Backed by a 30-day money-back guarantee—zero risk, high impact.

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