CAPM (Certified Associate in Project Management) Practice Exam

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What is the purpose of stakeholder analysis?

To penalize stakeholders
To give rewards
To gather and evaluate info about project stakeholders
To classify stakeholders only

The correct answer is: To gather and evaluate info about project stakeholders

Stakeholder analysis is an important process in project management that involves identifying, assessing, and understanding the needs and expectations of all stakeholders involved in a project. The purpose of this analysis is not to penalize or reward stakeholders, as options A and B suggest. Instead, it is used to gather and evaluate information about stakeholders in order to effectively manage their involvement in the project and ensure their needs are met. Therefore, option D, which suggests a narrow focus on simply classifying stakeholders, is also not correct. Option C is the best answer as it accurately reflects the purpose of stakeholder analysis.