adobestock108780310
bruno-crescaheader-logotypewww.brunocresca.com2021white-versionhorizontal

CONTACTS

MENU

SERVICES

bruno cresca business digital solutions logotype_vertical_full colours

info@brunocresca.com


linkedin
whatsapp
phone
messenger
trustpilot-logo-snijpunt.1600x680x1
recommend bruno cresca on linkedin

RATE US ON

RECOMMEND US ON

‘UNDER PROMISE, OVER DELIVER’Defining Business Analysis - Part 5Defining Business Analysis - Part 4Defining Business Analysis - Part 3Defining Business Analysis - Part 2Defining Business Analysis - Part 1

info@brunocresca.com.com

+44 (0) 7787716471

© 2022 by Bruno Cresca | All Rights Reserved | Privacy Policy | Cookie Policy | Terms & Conditions

Defining Business Analysis - Part 5

19-07-2020 01:15 PM

Bruno Cresca

Business Analysis, Business Analysis, Business Analyst, Identifying Stakeholders, RACI matrix, Stakeholders List,

Defining Business Analysis - Part 5

Defining Business Analysis - Part 5Identifying Stakeholders in your ProjectYou can use two main steps in identifying your cast of stakeholders: a stakeholder

Defining Business Analysis  - Part 5

Identifying Stakeholders in your Project

You can use two main steps in identifying your cast of stakeholders: a stakeholder list and a RACI matrix.

Find your stakeholders

The first thing to do is look for all stakeholders (anyone who impacts or is impacted) on the project. A stakeholder is a person or a group of people who has interests that may be affected by an initiative or has influence over it. Stakeholders can be found anywhere for a project. If you identify a group or department, make sure you identify the correct individual stakeholders within a stakeholder group. Someone has to be the point person.

Here’s how to create a stakeholder list:

 

1.       Analyse the project documentation.

Look for people, groups, departments, customers, and project team members affected by the project.

 

2.       Pull project team members together to brainstorm about other affected parties that aren’t included in the documentation.

 

3.       Make a stakeholder list.

Your list should include the stakeholder, whether he/she has the sign-off authority and how they’re affected by the project.

 

You may also want to include a ‘Notes’ column in your stakeholder's list to keep track of effective ways of communicating with the stakeholder or other reminders.

stakeholderlist-brunocrescaarticles-brunocresca-1595157124.png

Using the RACI matrix

Another tool you can use is the RACI matrix. RACI stands for ‘Responsible, Accountable, Consulted, and Informed. It’s basically a chart that highlights the different responsibilities people hold on your project. By thinking through the chart and presenting it to the project team as an official deliverable, you can help everyone understand who’s doing what on the project.

 

You and the stakeholders should create the matrix together to ensure that it’s accurate and that everyone is on the same page.

 

Here's how to assemble a RACI matrix:

 

1.       List all the actions or responsibilities needed for the project along the left side of the page.

 

2.       List all the stakeholders for the project at the top of the page.

 

3.       Fill in each box with R, A, C or I to describe the person’s level of responsibility.

 

Each letter corresponds to a level of responsibility:

 

Responsible: The actual person performing the work. For instance, in the case of the requirements package, the BA is generally responsible for the work. For technical documentation, it’s usually the implementation SME.

 

Accountable: The ultimately answerable for the correct completion of the deliverable or task who delegates to the responsible parties. This person also approves (signs off on) the deliverable or task. You can specify only one accountable for each task or deliverable.

 

Consulted: Those whose opinions are sought, typically SMEs and with whom you have two-way communication. Your project support personnel are typically consulted parties.

 

Informed: Those who are kept up-to-date on progress. This communication is usually one-way – for example, the BA informs external stakeholders that the requirements phase is complete.

 

4.       Distribute the matrix to all stakeholders.

This dissemination keeps everyone on track and informed.

 

Please note: Roles aren’t 100% exclusive. Stakeholders on a project may wear multiple hats and play different roles

racimatrix-brunocrescaarticles-brunocresca-1595157330.png

Website designed & developed by Bruno Cresca - Business Digital Solutions

Articles

86
blog-bruno-cresca

‘UNDER PROMISE, OVER DELIVER’
Communication, Stakeholder Management, Communication, under promise over deliver, expectations, great results, life lesson, professional growth,

‘UNDER PROMISE, OVER DELIVER’

Bruno Cresca

02-08-2020 01:08 PM

When you work in a very fast-paced environment like mine, it’s often hard to meticulously satisfy your stakeholders’ expectations

Defining Business Analysis - Part 5
Business Analysis, Business Analysis, Business Analyst, Identifying Stakeholders, RACI matrix, Stakeholders List,

Defining Business Analysis - Part 5

Bruno Cresca

19-07-2020 01:15 PM

Defining Business Analysis - Part 5Identifying Stakeholders in your ProjectYou can use two main steps in identifying your cast of stakeholders: a stakeholder

Defining Business Analysis - Part 4
Business Analysis, Business Analysis, Business Analyst, Stakeholder Management, Executive sponsor, Account manager, Product manager, Project manager, Domain subject matter experts, SME, Implementation subject matter expert, Project Support Personnel, Organisation change management professional, Regulators, Technical writer, Technical Personnel, Usability engineer, UX engineer, User Experience engineer, Quality assurance, QA, Testing personnel, Database administrator, DBA, Data Administrator,

Defining Business Analysis - Part 4

Bruno Cresca

10-05-2020 02:12 PM

A stakeholder is a generic term for a person or a or a group of people who have an interest in an initiative and will be affected by it (directly or indirectly)

Defining Business Analysis - Part 3
Business Analysis, Business Analysis, Business Analyst, Successful Skillset, Skills, Communication, Big Picture, BA Toolkit, Flexibility, Customer focussed, Value-driven perspective, Time Management, Information Organisation, Detail Research,

Defining Business Analysis - Part 3

Bruno Cresca

19-04-2020 08:53 PM

When performing business analysis, you need to be equally proficient in several skills so you can apply them at different times based on the project...

Defining Business Analysis - Part 2
Business Analysis, Business Analysis, Business Analyst, Stakeholder Management, Value, Strategy, Information Gathering, Impact Analysis, Solution Implementation, Estimates, Reducing Costs, Improved Efficiency,

Defining Business Analysis - Part 2

Bruno Cresca

19-04-2020 01:24 PM

Looking at the value of Business Analysis    A popular perception of business analysis is that it makes businesses do business better. It’s simple but

Defining Business Analysis - Part 1
Business Analysis, Business Analysis, Business Analyst, Project Scope, Design Solution, Gather Requirements, Stakeholder Management, Project Life Cycle,

Defining Business Analysis - Part 1

Bruno Cresca

18-04-2020 02:15 PM

your goal as a BA is to understand how companies work and to enable companies to reach their potential by helping them articulate and meet goals, recognise and

What does a good Solution Architect do?
Solution Architecture, Solution Architecture, Tips, Skills Set, Approches, Methodologies,

What does a good Solution Architect do?

Bruno Cresca

13-04-2020 02:59 PM

A solution Architect identifies existing business problems and proposes solutions not only to resolve but to enhance.

Who is Solution Architect: Processes, Role Description, Responsibilities, and Outcomes
Solution Architecture, Solution Architecture, Solution Architect, Article, Blog, Enterprise Architect, Technical Architect,

Who is Solution Architect: Processes, Role Description, Responsibilities, and Outcomes

Bruno Cresca

05-04-2020 02:54 PM

Solution architecture belongs to the list of most important practices executed before any tech solution development begins.
Create Website with flazio.com | Free and Easy Website Builder
Trustpilot