You are the project manager for BlueWell Inc. Your current project is a high priority and high profile project within your organization. You want to identify the project stakeholders that will have the most power in relation to their interest on your project. This will help you plan for project risks, stakeholder management, and ongoing communication with the key stakeholders in your project. In this process of stakeholder analysis, what type of a grid or model should you create based on these conditions? 

Answer options:

A. Stakeholder power/interest grid
B. Stakeholder register
C. Influence/impact grid
D. Salience model

A

The power/interest grid groups stakeholders based on their level of authority (power) and their level of interest in your project. The power/interest grid forms a group of the stakeholders based on their level of authority (power) and their level of interest in the project. Interest accounts to what degree the stakeholders are affected by examining the project or policy change, and to what degree of interest or concern they have about it. Power accounts for the influence the stakeholders have over the project or policy, and to what degree they can help to accomplish, or block, the preferred change. Stakeholders, who have high power and interests associated with the project, are the people or organizations that are fully engaged with the project. When trying to generate strategic change, this community is the target of any operation. Incorrect Answers: B: The stakeholder register is a listing of stakeholder information and communication requirements. C: The influence/impact grid charts is based on the stakeholder`s involvement and ability to effect changes to the project`s planning and execution. D: The salience model groups the stakeholders based on their power, urgency, and legitimacy in the project.