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Stakeholder impact analysis in construction project management

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  • Stefan Olander

Abstract

Construction projects attract interest from various stakeholders who express needs and expectations about the project. These are often in conflict with each other and it is unlikely that all of them can be fulfilled. The stakeholder management process involves evaluating the needs and expectations of stakeholders in relation to the main objectives of the project. An important basis for this evaluation is stakeholder analysis. The approach is based upon established theory, knowledge of stakeholder management and empirical data. The analysis consists of a stakeholder impact index to determine the nature and impact of stakeholder influence, the probability of stakeholders exercising their influence and each stakeholder's position in relation to the project—are they proponents or opponents? The analysis of the stakeholder impact index can help project managers to formalize a stakeholder management process.

Suggested Citation

  • Stefan Olander, 2007. "Stakeholder impact analysis in construction project management," Construction Management and Economics, Taylor & Francis Journals, vol. 25(3), pages 277-287.
  • Handle: RePEc:taf:conmgt:v:25:y:2007:i:3:p:277-287
    DOI: 10.1080/01446190600879125
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    Cited by:

    1. repec:gam:jsusta:v:10:y:2018:i:4:p:1223-:d:141536 is not listed on IDEAS
    2. repec:ibn:ibrjnl:v:10:y:2017:i:9:p:188-209 is not listed on IDEAS
    3. RAMEL, Elodie, 2014. "How External Stakeholder Impact Project Management Success," Holistic Marketing Management Journal, Holistic Marketing Management, vol. 4(1), pages 35-40, March.
    4. repec:isv:jouijm:v:6:y:2017:i:2:p:215-237 is not listed on IDEAS
    5. Miragai, Dina Alexandra Marques & Ferreira, João & Carreira, André, 2014. "Stakeholders são importantes na tomada de decisão estratégica em uma organização desportiva?," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 54(6), November.

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