During a project on developing new software, a project manager needs to ensure that all stakeholders are appropriately engaged according to their interest and influence on the project. Which of the following actions would be the BEST strategy to achieve effective stakeholder engagement?
Schedule regular project update meetings with every project stakeholder.
Conduct a stakeholder analysis to categorize stakeholders based on their levels of influence and interest.
Send weekly email updates to all stakeholders regardless of their role or interest in the project.
Develop a comprehensive project charter and share it with key project stakeholders.