Question

______________ are individuals or entities involved in, or who may influence, or may be affected by a project, such as the customer/sponsor; project team, including the project manager, subcontractors, and consultants; end users or consumers; and advocacy groups.

Answer 1

Stakeholders include a variety of individuals and entities such as customers, project teams, end-users, and advocacy groups. They are crucial to a project's success due to their interest, influence, and the insights they provide. Securing their buy-in is essential for smooth project execution.

Step-by-step explanation:

Stakeholders are individuals or entities intimately involved in or affected by a project, and their influence and interests are critical to its success. Stakeholders can span a wide array of groups, including but not limited to customers, the project team, end-users, advocacy groups, government agencies, businesses, and the local community.

The importance of understanding the perspective of stakeholders cannot be overstated; they provide valuable insights and can contribute to the design, development, and overall effectiveness of the project. A customer is a type of stakeholder who uses and often pays for the product. It is essential that stakeholders, particularly those directly affected, embrace the project, a concept known as buy-in.

This buy-in is crucial for ensuring the smooth progress and successful completion of the project, aligning all invested parties in a common goal and facilitating cooperation.