What is the significance of 'stakeholder analysis' in the context of data project management?
- It determines the hardware requirements for the project
- It ensures compliance with data privacy regulations
- It helps identify potential risks in the project
- It involves assessing the impact of the project on various stakeholders
Stakeholder analysis is crucial in understanding the impact of a data project on different stakeholders. It helps in effective communication, managing expectations, and ensuring that the project aligns with organizational goals. It is not primarily focused on risk identification or hardware requirements.
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