How to Analyse Stakeholders' Influence & Interest? Power-Interest Grid Tool To Analyze Stakeholders

In this video from TEXAVI, Pardha Mantravadi walks us through the Stakeholder Power-Interest Grid, a popular tool for analysing the stakeholders' influence over and interest in a project or program. Whether its an IT project, change management program or process improvement initiative, we need to understand, analyse and manage the expectations of stakeholders. The team members and especially business analysts must identify the key stakeholders, interact and engage them in a way that would help to influence the project with positive outcomes. To do this, its important to understand and identify which of the key stakeholders have the power to influence the project in a positive or negative way and who have interest in the project's execution and outcomes. The stakeholder power-interest grid is a great tool to plot the stakeholders along these dimensions/axes.

Watch the video to understand how to use the stakeholder power-interest grid to help identify and analyse the stakeholders' level of influence and interest in the project/program.