Efficiency-based prioritization of stakeholders using data envelopment analysis

This paper introduces a novel approach to stakeholder prioritization by employing Data Envelopment Analysis (DEA). The study utilizes five key criteria-stakeholder power, urgency, legitimacy, level of involvement, and project impact-to quantitatively evaluate stakeholder efficiency. DEA models tailo...

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Main Authors: Soheil Azizi, Reza Rasinojehdehi
Format: Article
Language:English
Published: REA Press 2023-12-01
Series:Big Data and Computing Visions
Subjects:
Online Access:https://www.bidacv.com/article_188457_56c041f72742807d2997e0c8f3abbac1.pdf
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author Soheil Azizi
Reza Rasinojehdehi
author_facet Soheil Azizi
Reza Rasinojehdehi
author_sort Soheil Azizi
collection DOAJ
description This paper introduces a novel approach to stakeholder prioritization by employing Data Envelopment Analysis (DEA). The study utilizes five key criteria-stakeholder power, urgency, legitimacy, level of involvement, and project impact-to quantitatively evaluate stakeholder efficiency. DEA models tailored for each stakeholder are applied, yielding a comprehensive prioritization depicted in numerical form. The methodology showcased in this research harnesses the versatility of DEA in stakeholder analysis. The resulting prioritization aids project managers in strategic decision-making, offering valuable insights to enhance project success and minimize negative impacts. This paper contributes a practical and effective tool for project managers seeking to optimize stakeholder engagement and project outcomes.
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institution Kabale University
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publishDate 2023-12-01
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spelling doaj-art-a004d50718124771a298d715be35bae82025-01-30T12:23:08ZengREA PressBig Data and Computing Visions2783-49562821-014X2023-12-013418619510.22105/bdcv.2024.437598.1177188457Efficiency-based prioritization of stakeholders using data envelopment analysisSoheil Azizi0Reza Rasinojehdehi1Department of Accounting and Management, Allameh Tabatabae University, Tehran, Iran.Department of Industrial Engineering, Science and Research Branch, Islamic Azad University, Tehran, Iran.This paper introduces a novel approach to stakeholder prioritization by employing Data Envelopment Analysis (DEA). The study utilizes five key criteria-stakeholder power, urgency, legitimacy, level of involvement, and project impact-to quantitatively evaluate stakeholder efficiency. DEA models tailored for each stakeholder are applied, yielding a comprehensive prioritization depicted in numerical form. The methodology showcased in this research harnesses the versatility of DEA in stakeholder analysis. The resulting prioritization aids project managers in strategic decision-making, offering valuable insights to enhance project success and minimize negative impacts. This paper contributes a practical and effective tool for project managers seeking to optimize stakeholder engagement and project outcomes.https://www.bidacv.com/article_188457_56c041f72742807d2997e0c8f3abbac1.pdfstakeholder prioritizationdata envelopment analysisefficiency evaluationproject managementdecision support
spellingShingle Soheil Azizi
Reza Rasinojehdehi
Efficiency-based prioritization of stakeholders using data envelopment analysis
Big Data and Computing Visions
stakeholder prioritization
data envelopment analysis
efficiency evaluation
project management
decision support
title Efficiency-based prioritization of stakeholders using data envelopment analysis
title_full Efficiency-based prioritization of stakeholders using data envelopment analysis
title_fullStr Efficiency-based prioritization of stakeholders using data envelopment analysis
title_full_unstemmed Efficiency-based prioritization of stakeholders using data envelopment analysis
title_short Efficiency-based prioritization of stakeholders using data envelopment analysis
title_sort efficiency based prioritization of stakeholders using data envelopment analysis
topic stakeholder prioritization
data envelopment analysis
efficiency evaluation
project management
decision support
url https://www.bidacv.com/article_188457_56c041f72742807d2997e0c8f3abbac1.pdf
work_keys_str_mv AT soheilazizi efficiencybasedprioritizationofstakeholdersusingdataenvelopmentanalysis
AT rezarasinojehdehi efficiencybasedprioritizationofstakeholdersusingdataenvelopmentanalysis