Project Management

Who are Project Stakeholders in a Project?

Project stakeholders

Project stakeholders is a term used to describe all people that are involved in the project, starting from the customer to the project manager.

Project stakeholders are individuals and organizations that are actively involved in the project or whose interests may be affected due to project execution or project completion.

They may also exert influence over the project’s objectives and outcomes.

The project management team must identify the stakeholders, determine their requirements and expectations, and, to the extent possible, manage their influence on the requirements to ensure a successful project.

Key stakeholders in every project include:

Project manager. Project managers are responsible for managing the project from start to finish. They are responsible for setting goals and objectives, assigning tasks, directing resources, and monitoring progress. They must be able to work with a variety of stakeholders, including the client, team members, and other project managers.

Customer/user. The person or organization that will use the project’s product. There may be multiple layers of customers. For example, the customers for a new pharmaceutical product can include the doctors who prescribe it, the patients who take it and the insurers who pay for it. In some application areas, customer and user are synonymous, while in others, customer refers to the entity acquiring the project’s product, and users will directly utilize the project’s product.

Performing organization. The enterprise whose employees are most directly involved in doing the work of the project.

Project team members. The group that is performing the work of the project. Project teams are essential to the success of any project. When selecting team members, it is important to consider a number of factors, including skills, experience, personality, and compatibility.

Project management team. The members of the project team are directly involved in project management activities.

Sponsor. Sponsors are individuals or organizations who provide financial, technical, or other support to a venture or project. They can be a key component in mobilizing resources and building public and private partnerships. A sponsor’s role may vary depending on the project, but typically they provide guidance, direction, and support in exchange for access to benefits such as visibility, prestige, or networking opportunities.

Influencers. People or groups that are not directly related to the acquisition or use of the project’s product, but due to an individual’s position in the customer organization or performing organization, can influence, positively or negatively, the course of the project.

PMO. If it exists in the performing organization, the PMO can be a stakeholder if it has direct or indirect responsibility for the project’s outcome.

Show More

Related Articles

Leave a Reply

Back to top button