Guide to Understanding and Answering Questions on Change Request Process

The Change Request Process plays a pivotal role in project management and adhering to its guidelines ensures the smooth execution of projects. The essence of this process is to manage and control changes that may potentially affect an ongoing project's scope, schedule, budget, resources, and even outcomes.

More specifically, it allows all stakeholders to put forward their suggestions or changes, which are then evaluated, accepted, or declined. It epitomizes a systematic approach to handle changes in a project lifecycle: from recording the change to its approval, execution, and evaluation.

Here's a simple framework explaining how it works:
1. Identification: A stakeholder identifies a potential change.
2. Documenting: The change is then recorded and clarified.
3. Evaluation: A feasibility study is conducted.
4. Decision: A verdict is passed depending on the feasibility of the change.
5. Execution: If approved, the change is executed.
6. Review: Finally, the change's impact is reviewed.

In answering exam questions about the Change Request Process, consider the following tips:
- Understand the nature and scope of the change discussed in the question.
- Apply the steps of the Change Request Process accordingly.
- Provide specific examples where needed to demonstrate your understanding.
- Stay on point and avoid unnecessary details.
- Emphasize on the potential benefits or impacts of the change. Remember, every change has its pros and cons.