Environmental Health Assessment-Stakeholder Analysis Essay

Environmental Health Assessment-Stakeholder Analysis - Essay ExampleStakeholder analysis is resorted to disclose people, organizations, groups who will have a valid and legitimate interest and stakes in the projects being use and policies being developed. Participation analysis - or stakeholder analysis as it is sometimes called - seeks to identify all persons, institutions, etcetera involved in a project, in addition to the target group and the implementing agency, and speculates on their expected affirm or opposition to the program. This analysis is used at the preliminary stages of a project in revise to take interests and expectations of persons and groups significant to a project or program (Participation Analysis, 1990).The process of identifying stakeholders is very important for democratic analysis to be effective. There are various methods of doing this. J.M. Bryson (2003) lists eight thirteen different techniques of doing stakeholder identification and analysis. her e the method suggested in the source quoted earlier (Participation Analysis, 1990) has been followed to identify the stakeholders. They are listed belowThe new multibillion dollar assiduity proposed sees an opportunity to create a profitable venture through meeting a huge guide from KPLC. In view of the hazardous nature of the industry, the regulatory authorities in Kenya have asked the company to incorporate certain additional safeguards such as shifting the location away from the city, providing safety equipment to workers, monitoring their health regularly, installing water treatment plant. All this will mean both higher capital and operable costs. The company may have already factored these in its cost calculations. However there must be a limit to which they would agree for cost escalation. Any Risk Management plan must prevail these concerns of the company to get a reasonable rate of return on investment and not beseech the company to incur cost beyond its bearing capaci ty. KPLC who is the targeted buyer will benefit from procuring from a local manufacturer which would lower their procurement cost and in turn affect the performance of their company positively. KPCLs uncomplicated interest would be that the new company make has competitive advantage over its current abroad supplier at all times. If at all at some point the newly formed company becomes non competitive, it will run the risk of going back to its earlier supplier and re-negotiating, possibly from a point of weakness. This may adversely affect the utility company and power distribution costs in the country.Setting up a local industry will no doubt create target and indirect employment. The local labor force will be a direct beneficiary. The labor is around likely to be organized into a labor union, possibly with wider industry linkage. The labor force and the reinforcement labor union will be an