Identifying stakeholders and defining their roles is crucial for promoting clear communication and ensuring tasks and expectations are properly assigned. This process helps align project objectives with stakeholder needs, facilitates collaboration, and minimizes misunderstandings. Reducing the number of stakeholders to minimize conflicts may exclude key contributors whose input is vital (Option B). Focusing solely on meeting regulatory requirements for stakeholder analysis overlooks the practical benefits of stakeholder engagement (Option C). Transferring all decision-making authority to the project team without stakeholder input can lead to misaligned goals and lack of support (Option D).
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CAPM
Business Analysis Frameworks
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