What term describes individuals and organizations affected by project execution or completion?

The term that describes individuals and organizations affected by project execution or completion is "project stakeholders." Stakeholders encompass a wide array of parties who have an interest in the project’s outcome, such as clients, team members, management, suppliers, and even the community. Their interests can be influenced directly or indirectly by the project's activities and outcomes, making stakeholder engagement essential for project success.

Project stakeholders can have varying levels of influence and interest; thus, managing these relationships is crucial to understand their needs and expectations, which impacts the project's delivery and acceptance. The involvement and feedback from stakeholders help shape project planning and can significantly affect decision-making processes.

In contrast, the other terms are more specific roles within a project. Project managers are responsible for overseeing the project and ensuring it meets its goals; project sponsors are typically the individuals or organizations that provide the financial resources and support necessary for the project; and project team members are those who actively work on project tasks. While they all play important roles, they do not encompass the broader range of individuals and organizations impacted by the project, which is why "project stakeholders" is the correct term.