A stakeholder in the context of project and program management is any entity or party that has a stake or interest in the project’s success. A project and program manager identifies the relevant stakeholders at the beginning of the project and program and works closely with them to communicate various aspects of the project or the program.
Some of the common stakeholders in a project or program include the following:
- Program manager
- Program or Project sponsor
- PMO
- LOB (Line of Business) users and management
- External suppliers that may have a stake in the success of the program
- Project staff and team members
- Government agencies (assuming they are involved for regulation reasons, etc.)
- etc.
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