A Project Stakeholder is anyone directly or indirectly involved in the project who has an interest in its successful outcome. This means anyone from team members to executive sponsors, vendors, customers and other external organizations can be considered stakeholders. All stakeholders have the potential to influence or be influenced by the project outcomes. It is important for project managers to identify all stakeholder groups, understand their interests and how they are affected by the initiatives in order to ensure successful delivery. By establishing trust with these stakeholders, gaining their support and engaging them throughout the duration of the project will help guarantee a positive outcome at its conclusion.