Stakeholder management is critical to the success of any project.  Numerous projects get derailed leaving behind demoralized teams when stakeholder changes are not managed effectively and carefully.

Any change in stakeholders should alert you to: a shift in power, change in budget control, realignment of priorities and resources, or redirection of key functionality (addition of new requirements, removal of old requirements).

Projects can fail when you do not account for an important stakeholder or a new stakeholder.  Always keep a list of your stakeholders.  Know who they are and engage them frequently.

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