In which of the following project life cycle phases would one perform the first stakeholder's analysis?

Identifying stakeholders and performing an initial analysis to understand their interests, influence, and impact is a crucial activity in the project Initiation phase. This ensures that all relevant parties are considered from the outset of the project.

Controlling involves taking corrective action based on performance, which occurs after initial analysis.

While stakeholder engagement continues in planning, the first analysis typically occurs before detailed planning can even begin effectively.

Monitoring involves tracking project progress and performance against the plan, which happens after initial stakeholder identification.