Seattle Planning and Scheduling Professional (PSP) Practice Exam 2025 - Free PSP Practice Questions and Study Guide

Analyzing stakeholders' needs is a critical part of project management that ensures all parties’ expectations and requirements are understood and integrated into the project. This process involves gathering important insights from stakeholders, which leads to a better alignment of the project schedule with what stakeholders expect from the project.

When the stakeholders' needs are identified and prioritized, project managers can plan and schedule tasks that reflect these needs, thus minimizing ambiguities and setting a clear direction for project execution. This alignment facilitates smoother communication, stronger stakeholder support, and enhances the likelihood of project success as the deliverables match stakeholder expectations.

In contrast, the other options suggest negative outcomes or misunderstandings that do not accurately represent the benefits of effective stakeholder analysis. These alternatives do not capture the essence of how stakeholder engagement positively influences project planning and execution. Engaging stakeholder needs leads to better project outcomes rather than unnecessary tasks, reduced involvement, or increased costs.