• Shivaji Bhende
• Ashwini R.Patil

One of the major concerns coming forth in the management of construction projects is the recognition and management of project stakeholders since the stakeholders are a major source of uncertainty in construction project. In the literature review it was identified that among many causes of project failures poor project stakeholder management has an impact on project performance success. The main objective of the present research was to assess the role of project stakeholder management on project performance in construction industry. This study thus develops and tests the relationship between factors of stakeholder management and performance of project. With the help of literature review, a conceptual framework was developed showing the variables that are instrumental in determining the stakeholder management and how these variables influence the performance of project. From the literature, in total 28 factors of stakeholder management and project performance were identified and grouped under 6 parameters namely Management Factor Group, Information Input Group, Stakeholder Estimation Group, Decision Making and Action Group, Continuous Support Group and Project Success factors. In order to achieve the objectives, a questionnaire survey was conducted to collect data from the respondents that consisted of project managers, owners, project engineers and other related respondents. 68 responses were received out of 92 questionnaires sent for data collection. SPSS 22 was employed for data analysis. The descriptive statistics was used to describe the general result of the variables. In addition, correlation analysis was done to check the correlation between the dependent variable and the independent variables which revealed that all the factors of stakeholder management are significantly related to project performance. Overall, the study shows that stakeholder management has impact on performance of project in construction industry.

Stakeholder Management, Generic stackholder Model, Relative Importance Index.

"Role of Stakeholder Management on Performance of Project”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 8, page no.a691-a698, August-2021, Available :http://www.jetir.org/papers/JETIR2108089.pdf

"Role of Stakeholder Management on Performance of Project”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 8, page no. ppa691-a698, August-2021, Available at : http://www.jetir.org/papers/JETIR2108089.pdf