What is a stakeholder in program management?

In program management, a stakeholder is defined as any individual or group that has an interest in the program's outcome. This definition encompasses a wide range of parties, including but not limited to project team members, sponsors, customers, end-users, and individuals or organizations that may be affected by the program. Understanding that stakeholders can influence or be influenced by the program is crucial for effective program governance and management.

The identification and engagement of stakeholders are vital for ensuring their expectations and needs are understood and addressed throughout the program lifecycle. Their involvement can lead to improved decision-making, increased program support, and a higher likelihood of achieving desired outcomes. This perspective on stakeholders emphasizes the importance of communication and collaboration within the program environment, making their role integral to overall program success.