Think of a project example in which you can describe stakeholder interests and segment them into: roles (position/ title), priority, placement and interests to determine their forms of engagement. Also, make note of the key stakeholders. You might like to present your response in a table.

 

Project Stakeholders

In any project, there are different stakeholders involved. Stakeholders can be internal or external. Internal stakeholders include the managers, project team and internal customers. The manager, who is the boss of the project, has a duty to assign who to work within the project. He is also responsible for making sure that all activities run smoothly as expected. A project team is a group of individuals who are dedicated to the project.

Step-by-step explanation

In any project, there are different stakeholders involved. Stakeholders can be internal or external. Internal stakeholders include the managers, project team and internal customers. The manager, who is the boss of the project, has a duty to assign who to work within the project. He is also responsible for making sure that all activities run smoothly as expected. A project team is a group of individuals who are dedicated to the project. They usually give their undivided attention to the project to ensure its success. They are mainly interested in earning income from the project. Internal customers are individuals in the organization, who are customers for the projects that meet the need of the internal demand. The internal customers are mainly interested in purchasing the most successful project, and that meet the needs of the organization. 

Additionally, there are external stakeholders such as the government, the external customers and the investors. The government helps to reduce the cost of risk-bearing by providing a stable and efficient policy framework. It is mainly interested in the collection of taxes once the project is complete. Other external stakeholders are the external customers, who are the buyers in the external environment. They are mainly interested in the products and services offered in the completion of the project. The final stakeholders are investors. They offer financial support to the project to ensure its success. Their main purpose is to invest in the business and earn a profit.