PMP Certification Training - Identify Stakeholders

The video tutorial explains the process of identifying project stakeholders, emphasizing the importance of understanding their influence and interest for project success. It covers methods for finding stakeholders, including using project charters and business cases, and discusses tools and techniques for stakeholder analysis. The tutorial also explains how to classify stakeholders based on power and interest, and outlines the outputs of the stakeholder identification process, such as the stakeholder register and potential change requests.

Why is it crucial to identify stakeholders early in a project?

• To ensure their interests are incorporated from the start

• To increase the project budget

• To avoid any communication with them

• To delay project timelines

Which document is a good starting point for identifying stakeholders?

• Stakeholder Register

• Project Charter

• Risk Register

• Issue Log

What is the nature of stakeholder identification in a project?

• It is a one-time process

• It is an iterative process

• It is only done at the end of the project

• It is optional

What is stakeholder mapping used for?

• To develop a risk management plan

• To allocate project resources

• To create a project timeline

• To categorize stakeholders based on power and interest

Which stakeholders should be closely managed due to their high power and high interest?

• Low power, low interest stakeholders

• High power, high interest stakeholders

• High power, low interest stakeholders

• Low power, high interest stakeholders

What is the main output of the stakeholder identification process?

• Issue Log

• Project Charter

• Stakeholder Register

• Risk Management Plan

How does the stakeholder register assist in project management?

• By outlining project timelines

• By listing project resources

• By detailing project risks

• By organizing stakeholder information for effective communication