5.3 DISCUSSION PROJECT STAKEHOLDERS2Discuss several strategies you believe would meet all stakeholder requirements.As a project manager, the first step is to identify all stakeholders. Once you have built thestakeholder register (list of stakeholders) you need to build your stakeholder management plan.There are a few strategies that come into play and they are all going to be based on the plan youbuild. First; your stakeholders that have a high interest and high power need to be cared for at thehighest level possible. This means you need to identify their key interests in the project andensure they are given the information they want in relation to these interests in a timely andprofessional manner. These stakeholders will include the project champion and they can provevaluable with input and assistance when asked for.