2025-07-09T14:57:25Z

A stakeholder may be evaluating many different competing investments and is looking for the best return before they commit.

A stakeholder may require a result by a certain date, or the value of the result is compromised.

Clients generally want a return on their investment, and (by the time they're talking to you about it), they tend to have an idea (irrespective of accuracy) around what it's worth.

Dorian Taylor

Process Model Issues

Stupid question, but WHY do stakeholders need to know how long it will take and how much it will cost?

Two inevitable questions of key stakeholders on prospective projects are "How long will it take?" and "How much will it cost?"