As part of the initiation phase in a Waterfall project, a project manager is required to perform an initial examination of the stakeholders. Which approach should the project manager prioritize to ascertain the stakeholder's levels of interest, influence, expectations, and potential strategies for engagement?
Surveying all potential project contributors to develop a generalized communication plan that meets as many of each stakeholder's needs as possible.
Focusing primarily on the needs of the most influential stakeholders to streamline the engagement process.
Creating a stakeholder register based solely on the project team's current knowledge.
Conducting a detailed stakeholder analysis to assess information such as interests, influence, and expectations.