ITPEC FE Morning April 2023 Question 52

Which of the following is an appropriate description of the stakeholders involved in a project?

Explanation

Some stakeholders gain from the result and others lose — a stakeholder is anyone whose interests the project affects, favourably or not.

PMBOK defines stakeholders as individuals, groups or organisations that may affect, be affected by, or perceive themselves to be affected by the project. That covers the sponsor and the team, but also customers, suppliers, regulators and local residents, including people who oppose the project because its result harms them.

Answer (a)

Why not others:

  • •(b) — stakeholders need not be named individuals; groups and organisations count, and the project manager is only one of them
  • •(c) — external parties such as customers, suppliers, regulators and the public are stakeholders too
  • •(d) — people who are only indirectly affected and never take part in the work are still stakeholders

Key rule: Identify stakeholders widely, including indirect and negatively affected parties, because an overlooked opponent is a common source of project risk.

Project Management · AI-written, may contain errors

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