One of the major concerns coming forth in the management of projects is the recognition and "management" of project stakeholders. These stakeholders are project team members, higher level managers, and outside organizational entities such as contractors, subcontractors, customers, regulators, financial institutions and other claimants who have-or feel that they have-vested rights in the project. Acceptance of the notion of project stakeholders means that the project has to be managed from an overall perspective of all of the stakeholders-not just the customer(s) and the organizational owners.Organizational stakeholders have been defined in the context of a business organization.
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