Stakeholders include all people and communities who will be affected by a project's' establishment, operations and outcomes. Stakeholders include beneficiaries as well as those who can be potentially prejudiced by a project. It is thererfore important to maintain transparent relationships and to aim to understand and to accommodate the concerns of all stakeholders during the process of project design and operations. Navatec provides a range of facilities whereby stakeholders can become directly engaged in different stages of the project cycle. This includes project interfaces with upstream and downstream segments of the production chain. Project managers can authorise stakeholder representatives to become part of the oversight team and make use of the Real Time Audit (RTA) network to be able to access project information through the on-demand analysis and reporting facilities on a 24/7 basis. Typically stakeholders include:
  • Donors
  • Institutions carrying out the project
  • Project team
  • Upstream stakeholders often suppliers of project inputs
  • Stakeholder assisting in project design and operations
  • Downstream stakeholders who make use of project output
  • The community where the project is established and operates
  • Anyone impacted by the project environmentally, economically or financially
Invariably the early involvement of stakeholders in a project cycle will result in an improved design quality and better awareness of the range of design options that need to be considered. It helps smooth out the progress of the different stages of implementation and ensures future sustainability. Stakeholders have an important role in improving the objectivity of project impact analysis.