What is a stakeholder analysis?

Correct answer: Identifying and analyzing stakeholders power, interest, and impact on the project

Stakeholder analysis is the systematic process of identifying all individuals and groups who may affect or be affected by a project, then evaluating their power, interest, influence, and potential impact on project outcomes to inform appropriate engagement and communication strategies. Option C is correct because it captures this full scope of identification and analysis. Option A describes communication planning, which is a downstream activity that uses the results of stakeholder analysis rather than constituting the analysis itself. Option B, listing project expenses, is a cost management activity entirely unrelated to stakeholders. Option D, counting resources, belongs to resource planning and has no connection to stakeholder identification or impact assessment.