ABSTRACT

Stakeholders can be the gatekeepers to the data or facilitators to the research subjects and thereby vital to the viability of the project. In a large project it is customary to assemble all the information generated in the risk analysis into a formal risk log. The purpose of undertaking a stakeholder analysis is to assemble the information that will assist in managing stakeholders and hence aspects of the project itself. The purpose of a risk assessment exercise is to identify risks to the project, their likely impact or the consequences they may have for the project. Identify risks in sufficient detail to enable actions to be considered. Risks can be ranked according to each of the two criteria, impact and probability. Having identified the risks and thought through the measures that need to be taken, it is important to designate who in the project team is to take responsibility for putting in place the appropriate action.