List the three main stockholders in PMO management and define the roles of one of them

Functional managers: They are key individuals who play the role of management within an administrative/ functional area of the business. (I.e), human resources, finance, accounting, etc.

Organizational groups: Organizational groups are internal stakeholders who are influenced by the actions of the project team. (I.e) human resources, marketing, sales, legal, finance, operations, manufacturing,

Business partners: They are external organizations that have a special relationship or partnership with the enterprise.

Customers and users: Customers are the people or organizations who will approve and manage the project’s product, service, or result. Users, as clear from the name, use the product.

Sellers: Sellers, also known as vendors, are external companies that enter into a contractual agreement to provide services or resources necessary for the project.

Sponsor:A sponsor is the person or group who provides supplies and support for the project and is liable for assisting success. He may be external or internal to the organization.

Other stakeholders: They are additional stakeholders which include financial institutions, government regulators, subject matter experts, consultants, and others, which have a financial interest in the project, contributing inputs to the project, or have in the outcome of the project.

The main stockholders depends upon the types of business and several other factors however, Consumer, Seller and Sponsor are mostly treated main stockholders in general.

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