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Managing Information for a Risk Based Approach to Stakeholder Management

Managing Information for a Risk Based Approach to Stakeholder Management
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Author(s): Franco Caron (Politecnico di Milano, Italy)and Fulvio Salvatori (ENI, Italy)
Copyright: 2015
Pages: 14
Source title: Transportation Systems and Engineering: Concepts, Methodologies, Tools, and Applications
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-4666-8473-7.ch015

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Abstract

This paper proposes a risk based approach in order to obtain a quantitative estimate of the salience of the stakeholders involved in a project. The integration between stakeholders and risk management processes in the Project Management System allows us to realize a twofold objective: a quantitative estimate of the salience of each stakeholder in terms of the contribution to the overall project riskiness and an identification of the most effective responses as a function of the dynamics of the risks generated by each stakeholder. The proposed approach has been applied to an international project concerning the building of a pipe line.

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