[Proyek Pengembangan Infrastruktur Sosial Ekonomi Wilayah (PISEW) merupakan salah satu Program Nasional Pemberdayaan Masyarakat (PNPM). Keterlibatan dan interfensi pemangku kepentingan pada setiap tahapan proyek menyebabkan keterlambatan waktu penyelesaian proyek yang mengakibatkan buruknya kinerja waktu proyek. Hal tersebut diakibatkan oleh penyampaian informasi pada setiap tahapan pada setiap pemangku kepentingan yang membutuhkan koordinasi dan metoda yang berbeda sehingga menyita waktu yang cukup banyak. Dalam penelitian ini telah dilakukan identifikasi stakeholder internal dan eksternal, kekuatan dan wewenang masing-masing stakeholder yang paling berpengaruh pada kinerja waktu proyek, yang kemudian dianalisa dengan metoda Structural Equation Modelling (SEM).Hasil yang didapatkan berupa penerapan manajemen stakeholderpada rencana kerja dalam keterlibatan, peran, dan perlakuan kepada para stakeholder untuk mereduksi kemungkinan terjadinya keterlambatan waktu penyelesaian proyek dan meningkatkan kinerja waktu proyek.;The Rural Infrastructure for Social Economic Development (PISEW) is one of National program of community empowerment (PNPM).Stakeholder engagement and intervention in each project step are the reason of the project completion delay causing low projectperformance. This caused by information transfer in each step for each stakeholder needed coordination dan different method. In this thesis, stakeholder identification has been done to conclude who are internal and external stakeholder, what are they roles, interest, and the potential impact to the project with Structural Equation Modelling(SEM) method. Result of the research is the implementation of Stakeholder management in the project’s work plan include: stakeholder engagement, power & interest, and strategies to reduce project completion delay, and the project time performance willincrease., The Rural Infrastructure for Social Economic Development (PISEW) is one of Nationalprogram of community empowerment (PNPM).Stakeholder engagement and interventionin each project step are the reason of the project completion delay causing low projectperformance. This caused by information transfer in each step for each stakeholderneeded coordination dan different method. In this thesis, stakeholderidentification hasbeen done to conclude who are internal and external stakeholder, what are they roles,interest, and the potential impact to the project with Structural Equation Modelling(SEM) method. Result of the research is the implementation ofStakeholder managementin the project’s work plan include: stakeholder engagement, power & interest, andstrategies to reduce project completion delay, and the project time performance willincrease.]