Performing research to determine the likely options for change, costs, benefits, and impacts of change.

Documenting all findings in a change feasibility study report.

Performing a quality review of the report and approving the report for submission.

Forwarding the report to the change manager for change approval group submission.

The change approval group determines the authorization of all change requests forwarded by the change manager. The change approval group is formally responsible for:

The review of all change requests forwarded by the change manager.

The consideration of all supporting change documentation.

Approving/rejecting each change request based on its relevant merits.

Resolving change conflict (where two or more changes overlap).

Resolving change issues.

Determining the change implementation timetable (for approved changes).

Project Change Steering Group

Regarding the project environment, it is necessary that the project change steering group schedule, carry out, and review the implementation of all changes in a project. The change implementation group is formally responsible for:

Scheduling of all changes (subject to the general time frames provided by the change approval group).

Testing of all changes before implementation.

Implementation of all changes in the project.

Review of the success of a change, following implementation.

Request for closure of a change in the change log.

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Risk Management Process

The risk management process is fundamental to the successful delivery of any project whether it is light or heavyweight in nature. The risk management process is there to ensure that each risk is properly identified, documented, categorized, and resolved within the project environment. For the purpose of this project, risks are defined as those project events that are most likely to adversely affect the ability to produce the required deliverables. Therefore, to understand risk management at its best, an overview of five key processes that make up the risk management framework follows:

Identification of project risks.

Logging and prioritization of project risks.

Determination of risk mitigating actions.

Monitoring and control of risk resolution action items.

Closure of project risks.

Figure 8.6 provides an overview of the risk processes and procedures, which are undertaken by project managers or executives to effectively manage any project-related risks.

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