Managing stakeholders in complex investments projects

Abstract

The article presents the stakeholder management model for complex investment projects. The proposed model is aimed at strengthening in essence the justification of managerial decisions subject to the choice of the stakeholders and their subsequent coaction throughout the whole investment project management cycle. Respectively the model concerned is regarded as multiple criteria ranking task of possible variants of choice of stakeholders (as a one of indispensable factors) needed when seeking for effective implementation of complex investments. In order to solve this task the cooperation-targethomogeneity function and three-stage-criteria system is adapted. The latter measures are also supported by the quantitative methods to be used when assessing potential stakeholders and forming basis for objective decision making.