What is the importance of "Stakeholder Management" in Smartsheet?

The importance of "Stakeholder Management" in Smartsheet is centered around identifying and communicating with those who are impacted by the project. This process is critical because effective communication can significantly influence project success. It ensures that stakeholders are informed about project developments, changes, and milestones, enabling them to provide valuable feedback and support.

Stakeholders can include team members, customers, suppliers, and other parties who have an interest in the project's outcome. Engaging with them allows project managers to gauge their needs, expectations, and concerns, which can help in making informed decisions that align with stakeholder interests. Additionally, proper stakeholder management helps in mitigating risks of misunderstandings and ensures that all parties are aligned toward common goals, leading to a more collaborative and successful project environment.

Focusing solely on internal team management or making frequent changes to project scope does not encompass the holistic approach needed for stakeholder engagement; rather, it is essential to consider all relevant parties involved in the project.