Stakeholders in PRINCE2 are typically characterized by being affected by the project (either through impact or interest) and frequently interacting with the project, contributing inputs or being consulted for various aspects. This recognizes stakeholders as both internal and external to the organization, and not all stakeholders necessarily agree with every project objective. References: PRINCE2 Foundation Handbook, Stakeholder section.

An off-specification in PRINCE2 is a situation where a planned product does not meet its quality criteria or other requirements specified in the product description. This could include producing more or less than the defined quantity, implying deviation from the agreed specifications. References: PRINCE2 Foundation Handbook, Off-Specifications section.

In PRINCE2, the term 'project team' encompasses all individuals who are allocated time and responsibilities on the project, covering both the project management team and the wider team members who work on the project's tasks. This terminology includes everyone contributing to the project's delivery.
= PRINCE2 7 Foundation Training Manual and official PRINCE2 website documentation

PRINCE2 benefits organizations and project management by promoting consistency across project work and facilitating the reuse of project assets. This includes methodologies, processes, and lessons learned which enhance efficiency and effectiveness in managing projects, thereby contributing to consistent project success and resource optimization.
= PRINCE2 7 Foundation handbook and online resources

In a commercial environment, it is common for each party involved in a project-namely the customer and suppliers-to have their own business case. This reflects their individual motives, expected benefits, and investment rationale for undertaking the project. Each party's business case addresses their specific strategic, commercial, and operational needs.
= PRINCE2 7 Foundation handbook and online resources