Project stakeholders can be prioritized based on their level of power, legitimacy, and urgency plus several additional criteria that might include impact.
Who are the stakeholders in the project?
By "Individuals and organizations who are actively engaged in the project, or whose interests may be adversely or favorably affected as a result of project execution or successful project completion," the Project Management Institute means those who are actively involved in the project.
Why are stakeholders important?
Stakeholders assist your company financially and practically. Stakeholders are interested parties in your business, including loyal clients, investors, and employees. They increase the number of people who are concerned about the success of your business, reducing your sense of isolation in your entrepreneurial endeavors.
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