Abstract: The practice of stakeholder management and recognition of the significance of stakeholders in project management is very paramount. A stakeholder is anyone or organization that has interest in an organization. They can affect or be affected by an organization’s actions, objectives and policies. Stakeholder engagement on the other hand is a process of how organizations involves people(s) who may be either affected by the decisions of the organization or can affect the implementation of the decisions in order to improve decision making, accountability and performance. This process is used as a risk management, buy-in catalyst, performance input and lately corporate governance tenet.