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BABOK Page 32 3.2.4 Perform Stakeholder Analysis Stakeholder analysis involves identifying the stakeholders (who will be directly or indirectly impacted by the change) and their characteristics, as well as analyzing the information once collected. Stakeholder analysis is performed repeatedly as business analysis activities continue. A thorough and detailed stakeholder list ensures that stakeholders are not overlooked. Understanding who the stakeholders are, the impact of proposed changes on them, and the influence they may have on the change is vital to understanding what needs, wants, and expectations must be satisfied by a solution. If stakeholders are not identified, the business analyst may miss uncovering critical needs. Stakeholder needs uncovered late will often require a revision to business analysis tasks that are either in progress or are completed. This can result in increased costs and decreased stakeholder satisfaction.
A. Attitudes and influence Explanation: Stakeholder analysis involves identifying all stakeholders involved in a project and understanding their needs, expectations, attitudes, and the influence they have over the project. This understanding helps in managing stakeholder relationships, addressing concerns, and ensuring successful project outcomes. Why Not C? Changes in business needs: While understanding changes in business needs is crucial for a BA, it is not the primary focus of stakeholder analysis. Changes in business needs are typically identified through requirements elicitation and continuous business analysis activities, not specifically through stakeholder analysis.
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