A stakeholder is anyone who has a vested interest in the outcome of your project. Contributors, customers, managers, and financial staff are all stakeholders; they are the people who will judge the success or failure of the project. To help you identify all the stakeholders in a project, consider what functions or people might be affected by the project’s activities or outcomes. Also ask who contributes resources—people, space, time, tools, and money—to the project.
Once you have identified the stakeholders, ask them to spell out what success on the project means for them. Because stakeholders’ interests vary, their definitions of success are likely to differ. One of your critical tasks in the defining and organizing phase is to meld stakeholders’ expectations into a coherent and manageable set of project objectives.