A Project Stakeholder is any individual or group that has an interest in the outcome of a project. This can include team members, clients, suppliers, and even the community affected by the project. Stakeholders can influence the project's direction and success, making their engagement crucial throughout the project lifecycle. Effective communication with stakeholders is essential for understanding their needs and expectations. By involving them in decision-making processes, project managers can ensure that the project aligns with stakeholder interests, ultimately leading to better results and satisfaction. Engaging stakeholders helps to identify potential risks and opportunities early on.