Stakeholder analysis is the process of assessing a system and potential changes to it as they relate to relevant and interested parties. This information is used to assess how the interests of those stakeholders should be addressed in a project plan, policy, program, or other action.

What is meant by stakeholder analysis?

Stakeholder analysis is a process of systematically gathering and analyzing qualitative infor- mation to determine whose interests should be taken into account when developing and/or implementing a policy or program.

What is a stakeholder analysis and why is it important?

Stakeholder analysis is used to identify stakeholders and analyze their needs to develop and deliver a quality product in the first attempt. It includes collecting qualitative information to determine which stakeholder interest should be examined.