The Power/Influence Grid, which is also known as the Power/Influence Matrix in stakeholder management, is a simple tool helps you categorize project stakeholders by the power and influence they have on the project. This tool is very similar to the Power/Interest grid. The Power/Influence grid helps you focus on the key project stakeholders who can make or break your project. In turn, this helps you in stakeholder prioritizations.
By definition, power is the level of authority a stakeholder has in the project. While, influence is the level of involvement the person has.
PMP Tip: The Power/Influence Grid is part of Project Communication Management as per the 4th version of the PMBOK. You should know what it is and how to apply it.
During the Stakeholder Analysis of a project, you:
- Document the interests and motivations of stakeholders in a project
- Identify the stakeholders that can make the project unsuccessful
- Identify conflicting interests and relationships between stakeholders
- Determine the level of participation required from each stakeholder and the level of involvement each stakeholder is willing to give
- Identify stakeholders whose influence evolves during the project
- Determine communication media and style best suited for each stakeholder
The Power Influence Grid in stakeholder prioritization pertains to the level of influence stakeholders have on the project. By using this matrix, you can determine which stakeholders to manage closely and which stakeholders require minimum effort. This helps you channel your time and energy on the stakeholders that can make or break your project. In addition, it helps you create a communication and stakeholder strategy.
Next, let’s see what the Power/Influence Grid looks like.