Project stakeholder in the context of "Project Management Institute"

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⭐ Core Definition: Project stakeholder

Project stakeholders are persons or entities who have an interest in a specific project. According to the Project Management Institute (PMI), the term project stakeholder refers to "an individual, group, or organization, who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio. ISO 21500 uses a similar definition.

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Project stakeholder in the context of Proprietary college

Proprietary colleges are for-profit colleges and universities generally operated by their owners, investors, or shareholders in a manner prioritizing shareholder primacy as opposed to education provided by non-profit institution (such as non-sectarian, religious, or governmental organization) that prioritize students as project stakeholders.

Because they are not funded by tax money, their long-term sustainability is dependent on the value they provide relative to the perceived value of a degree from a higher educational institution overall. The increased reliance on federal student aid funds by these "for-profit" schools is of growing concern. Since federal student loans are typically guaranteed by the government, for-profit colleges can reap a profit from taxpayers even if students drop out after enrolling, do not complete a degree, or the degree turns out to be nearly worthless for future employment. Students can be stuck with large and unmanageable debt loads, defaulting at a significantly higher rate than students at traditional non-profit institutions. Non-profit institutions generally depend in part on academic excellence and creating graduates that succeed in their fields, while for-profit schools are often based on attracting large numbers of students with few requirements in terms of academic qualifications for entry because federal loans are provided for good and bad students alike. Some institutions in this category are regionally accredited, while many others are not accredited by a government-recognized accreditation organization and resemble diploma mills. Sometimes a proprietary college may also overlap with the sector of non-degree granting business colleges.

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Project stakeholder in the context of Use case

In both software and systems engineering, a use case is a structured description of a system’s behavior as it responds to requests from external actors, aiming to achieve a specific goal. The term is also used outside software/systems engineering to describe how something can be used.

In software (and software-based systems) engineering, it is used to define and validate functional requirements. A use case is a list of actions or event steps typically defining the interactions between a role (known in the Unified Modeling Language (UML) as an actor) and a system to achieve a goal. The actor can be a human or another external system. In systems engineering, use cases are used at a higher level than within software engineering, often representing missions or stakeholder goals. The detailed requirements may then be captured in the Systems Modeling Language (SysML) or as contractual statements.

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Project stakeholder in the context of Values (heritage)

The values embodied in cultural heritage are identified in order to assess significance, prioritize resources, and inform conservative-restorative decision-making. It is recognised that values may compete and change over time, and that heritage may have different meanings for different stakeholders.

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