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[PMP] 5, Stakeholder Identification and Analysis
Business Exam Prep · Ran Chen, EA, CFP®
March 28, 20262m 56s
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Show Notes
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The Stakeholder Register is a dynamic document containing identification, assessment, and classification information for each stakeholder.
- How to use the Power/Interest Grid to classify stakeholders and determine whether to Manage Closely, Keep Satisfied, Keep Informed, or Monitor.
- The Salience Model prioritizes stakeholders by assessing their Power, Legitimacy, and Urgency.
- The Stakeholder Engagement Assessment Matrix maps current versus desired engagement levels: Unaware, Resistant, Neutral, Supportive, and Leading.
- A common PMP exam trap is selecting the incorrect analysis tool for a given stakeholder scenario, so it is critical to know the specific purpose of each.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep