Which of the following is a key element of stakeholder management?

Stakeholder identification is a crucial element of stakeholder management because it involves recognizing and understanding all parties who have an interest or stake in a project. This includes individuals, groups, or organizations that may be affected by the project's outcomes or can influence its success. By identifying stakeholders early in the project, the project team can assess their needs, expectations, and potential impact on the project. This foundational step allows for better engagement strategies, more effective communication, and the ability to mitigate risks associated with stakeholder dissatisfaction or opposition. Overall, stakeholder identification lays the groundwork for successful stakeholder management throughout the project's lifecycle.