Which of the following is NOT a benefit of effective stakeholder management?

Effective stakeholder management plays a critical role in the success of construction projects and project management in general. One of its primary benefits is that it leads to improved project success rates. This is largely because understanding stakeholders' expectations and needs helps to align project objectives with those who have a vested interest, thereby reducing conflicts and enhancing cooperation.

Additionally, effective stakeholder management fosters increased stakeholder satisfaction. Engaging stakeholders and keeping them informed addresses their concerns and allows for their input, which can lead to a more favorable view of the project's progress and outcomes.

Greater accountability among team members is another benefit, as managing stakeholders effectively establishes clear roles and responsibilities. When stakeholders are engaged in the process, there is a shared understanding of priorities and expectations, which encourages accountability.

In contrast, the notion that effective stakeholder management results in less need for communication is not a benefit. In fact, it underscores a misconception. Effective stakeholder management often requires increased communication to ensure that everyone is kept informed and involved. Clear and consistent communication creates transparency, helps in resolving misunderstandings, and builds trust among all parties involved. Thus, the idea that it leads to a reduction in communication efforts is incorrect and misleading.