Initiater definition1/5/2024 They can also have varying levels of support. For example, local landowners who don’t like the new factory in their back yard. ![]() For example, a county that will receive tax revenue from a new factory. Stakeholders come in many forms and have vastly different needs as it relates to the project. It is a good idea to conduct a stakeholder analysis to determine all of the stakeholders as part of the development of the project charter. Stakeholder identification has special significance to the project charter, even though it is listed among the other items, above. The primary objectives of each party should be identified so it is clear why the project has been created. For example, for the paving project above, the land developer is the project sponsor and the city (local government) is a major stakeholder who should be addressed during the project charter. These might include providing enough compaction to the asphalt, or providing the correct underlying database.Īlthough it is not the responsibility of the project charter to identify all stakeholders, it should identify the primary stakeholders who are integral to the project and under whose auspices the project was created. But it’s the secondary success factors that are usually overlooked and present the bigger risk to the project. There are usually primary success factors like paving a road that’s smooth, or developing a website that’s beautiful.
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