What is Project Change Management?
Change management is a project management process, which keeps control over the schedule, cost and quality of a project, in spite of the internal and external factors that can cause delay, increase cost, or threaten the quality of the final product.
Having effective control over management of change in projects can have an enormous benefit for the project – with a significant percentage of the cost of the project being ‘in play’.
Although most of the principles are fairly straight-forward, the details are complex, and a thorough, deep understanding of the project, the contracts, and the relationship between the contractors is required.
Change management affects many of the stakeholders within a project organization, and sometimes there is argument over who ‘owns’ change management.
It is far more important that the various stakeholders agree on the process and how it will be implemented than that one or another of them is the ‘owner’.