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Project Management Stakeholders

oboloo Glossary

Project Management Stakeholders

Project management stakeholders refer to a group of individuals or organizations that are actively involved in a project. These stakeholders have a vested interest in the success of the project and can have an impact on the outcome of the project. The official business definition of project management stakeholders is any individual, group, or organization that has an interest in the project, that can affect or be affected by the project, or that can influence or be influenced by the project. Stakeholders may include the project team, sponsors, customers, end users, government or regulatory agencies, or any other group or individual who may have a vested interest in the outcome of the project. In order to ensure the success of any project, it is important to understand the interests of the stakeholders and ensure that their needs are met. This involves communication between the stakeholders and the project team, as well as taking into consideration the different objectives of the stakeholders

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