Explain Power-Influence Grid and Importance – Influence Grid techniques used for Stakeholder Analysis?

Important Stakeholder analysis technique is the power-influence grid.

Like the Power Versus Interest grid.

Influence is how actively a stakeholder is involved while power is the level of authority

 Importance – Influence Grid:

Fourth stakeholder analysis technique is the importance-influence grid.

Like the Power Versus Interest grid.

The order in which the interest and needs of each stakeholder should be addressed is defined by ‘Importance’.

In all the above four stakeholder analysis models, the top right corner category stakeholders need to be managed closely.

Salience Model:

Salience stakeholder analysis model helps PM to sieve the important stakeholders from the not so important ones. This is a three-dimensional model that considers the power, legitimacy and urgency of the stakeholders. The intersection of these three factors is plotted like a Venn diagram. We already saw what power is. Legitimacy is the appropriateness/rightfulness of the stakeholder’s involvement in the project. Urgency tells the PM how quickly the stakeholder’s needs are to be addressed.