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Stakeholder analysis for R&D project management
Author(s) -
Elias Arun A.,
Cavana Robert Y.,
Jackson Laurie S.
Publication year - 2002
Publication title -
randd management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.253
H-Index - 102
eISSN - 1467-9310
pISSN - 0033-6807
DOI - 10.1111/1467-9310.00262
Subject(s) - stakeholder , stakeholder analysis , process management , process (computing) , project management , business , project stakeholder , transactional analysis , computer science , project charter , project portfolio management , management , economics , psychology , social psychology , operating system
R&D projects affect the interests of different stakeholders in different ways. Understanding the stakeholders and analysing their interests helps in the better management of R&D projects. In this paper we discuss a methodology to systematically analyse the stakeholders of R&D projects. This methodology includes Freeman’s (1984) three levels of analysis: rational, process and transactional. Based on these three levels, the stakeholder management capability of an R&D project is determined. The final stage is based on Mitchell et al . (1997) approach to analysing the dynamics of stakeholders. This methodology is illustrated using a New Zealand case relating to a road pricing R&D project.