Obstacles and challenges in applying stakeholder analysis to infrastructure projects

What is it about?

Public involvement is essential in the creation of effective local strategies for development of a sustainable built environment, yet there has been little research on stakeholder motivation and engagement in the creation of infrastructure project value, in the entire life cycle of a given project, while different markets show that overlooking stakeholders can negatively affect the success of an infrastructure project. The study provides evidence that early public engagement can contribute to infrastructure project value (effectiveness, sustainability, and utility). Practically speaking, the stakeholder analysis performed allowed proposal of a general stakeholder analysis framework for infrastructure projects. It can be implemented at each investment phase of the project life cycle, since stakeholders and their motivation may develop and/or change over time, which necessitates development of proper managerial strategies. The findings highlight the opportunities and the challenges faced by stakeholder management.

Featured Image