What is the purpose of stakeholder engagement?

The purpose of stakeholder engagement is to involve stakeholders in decision-making processes and to keep them informed about the project's status, developments, and any potential changes. Engaging stakeholders ensures that their needs and expectations are considered, which can lead to better project outcomes. By fostering transparent communication and collaboration, project managers can build trust, gain buy-in, and facilitate support for the project. This engagement helps to align stakeholders’ interests with project goals, ultimately contributing to project success.

Involving stakeholders also allows for gathering valuable insights and perspectives, which can inform decisions and help mitigate risks. Thus, the goal of stakeholder engagement is to create a cooperative environment where stakeholders feel valued and are more likely to contribute positively to the project.