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How can the stakeholders change over the course of a project? Give examples of changes in...

  1. How can the stakeholders change over the course of a project? Give examples of changes in who the stakeholders are, and also in how their interests or influence over the project might change throughout the term of the project.
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Answer #1

Stakeholders in any project can be classified into internal or external stakeholders. while the internal stakeholders are those who are a part of the organization, external stakeholders influence the operations of the business from outside.

Some of the examples are:-

Sponsor - While a sponsor may provide initial investment for the project, on the completion of the terms of an investment contract, he may no longer remain a part of the project in the later stages. There, his level of influence will reduce in the project.

Suppliers - The suppliers are external stakeholders who influence the project. However, many times suppliers are changed according to the needs of the project in the current phase, which changes their influence level over the project.

Business partners - These business partners are present to provide a special service such as support staff or helping in the training of the employees. As their services are offered, they may leave the project and bring down their influence over the project.

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