A project manager is facing resistance from a key stakeholder who is reluctant to support a critical project initiative. Which of the following strategies is most likely to help the project manager build trust and influence the stakeholder to achieve the project's objectives?
Offer incentives or apply pressure tactics to gain the stakeholder's support
Escalate the issue to higher management and seek their intervention
Present data and facts to convince the stakeholder of the initiative's importance
Seek to understand the stakeholder's perspective and find common ground