Chapter 1
Foundations of Project Management
Course: Pmp Test Prep
Subject: Pmp
Chapter: Stakeholders And Resources Performance Domains 5506 10748
Lesson 1: Stakeholders: Key Concepts and Identification
Stakeholders are anyone who can affect, be affected by, or believe themselves to be affected by a project — and engaging them well is so central that the standard treats interpersonal and leadership skills as at least as important as technical ones.
This lesson establishes what the Stakeholders performance domain is and works through its key concepts: what stakeholder engagement means, the pivotal role of an active sponsor, stakeholder and team satisfaction, communications management, data-driven decision-making, and vendor management. It also examines who counts as a stakeholder and why identification must be revisited continually rather than done once.
For the aspiring project manager, the highest-yield exam content here is the recognition that an active sponsor is a critical success factor, and the breadth of who qualifies as a stakeholder — including opponents, not just supporters.