What is a key benefit of stakeholder engagement in project management?

A key benefit of stakeholder engagement in project management is that it helps ensure project alignment with stakeholder needs and expectations. Engaging stakeholders throughout the project lifecycle allows project managers to gather valuable insights and feedback, which can inform decisions and adapt project plans accordingly. When stakeholders feel involved and their viewpoints are considered, it fosters a sense of ownership and support for the project.

By understanding the specific needs and expectations of various stakeholders, the project can be better aligned to meet these requirements, resulting in higher satisfaction and acceptance of project outcomes. Effective stakeholder engagement can also help identify potential challenges early on, allowing for proactive adjustments rather than reactive changes later in the project. This alignment significantly increases the likelihood of a project's success by ensuring that what is delivered resonates with the needs of those it impacts.