What is a stakeholder in project management?

A stakeholder in project management is defined as any individual or group that has an interest in a project's outcome. This encompasses a wide range of parties, including team members, project sponsors, clients, and any individuals or groups that may be affected by the project's execution or final results. Understanding who the stakeholders are is crucial because their needs, expectations, and influence can significantly impact the project's direction and success.

Identifying stakeholders involves recognizing their varying levels of engagement and interest, which can guide project managers in communication strategies, prioritization of efforts, and risk management. By keeping stakeholders involved and informed, a project can enhance collaboration and increase the likelihood of satisfactory outcomes for all involved.

The other choices describe specific roles related to project management but do not capture the broader definition of a stakeholder. For instance, a person managing project resources or a team member assigned to specific tasks has defined responsibilities, while an external entity that funds the project is just one type of stakeholder among many others. Understanding stakeholders in their entirety enables effective project management and alignment of interests.