CAPM (Certified Associate in Project Management) Practice Exam 2026 - Free CAPM Practice Questions and Study Guide

Stakeholders are the individuals or groups with a vested interest in the project and its outcomes. They have a significant influence on the project and play a crucial role in defining the project requirements. Stakeholders can provide valuable insights, expectations, and constraints that help shape the project's objectives and deliverables. As such, involving stakeholders in the requirement definition process ensures that their needs and expectations are considered, increasing the likelihood of project success.

Option A, the project manager alone, is incorrect because although the project manager is responsible for managing the project, project requirements are typically defined in collaboration with stakeholders.

Option C, the project team, is incorrect because while the project team can contribute to defining project requirements, the primary responsibility for this task lies with the stakeholders.

Option D, external vendors, is incorrect as vendors may be involved in providing goods or services for the project, but the definition of project requirements is primarily the responsibility of the stakeholders.