👉 Stakeholder math involves quantifying the interests, influence, and potential impact of various stakeholders on a project or decision. It begins by identifying all relevant stakeholders—those who can affect or are affected by the outcome—and then assigning weights based on their level of influence and interest. Influence is often measured on a scale from low to high, while interest can be gauged by how much each stakeholder cares about the project's success. This is typically done using a matrix where stakeholders are plotted on a grid based on their power (influence) and interest (impact). For example, stakeholders with high power and high interest are considered key players and require close management, while those with low power and low interest may be monitored but not heavily engaged. This method helps prioritize communication and resource allocation, ensuring that efforts are focused on those stakeholders who can most significantly influence the project's outcome.
