Change Impact Analysis
Change Impact Analysis is the process of evaluating the potential effects of a proposed change on a project's scope, schedule, budget, resources, and overall objectives. This involves identifying any risks or issues that may arise from the proposed changes, assessing the likelihood and severity of those risks, and determining how they can be mitigated or addressed. Change Impact Analysis is a critical element of the change control process, as it helps the Change Control Board (CCB) make informed decisions about whether to approve or reject proposed changes, ensuring that the project stays on track and maintains its overall quality and integrity.
Guide to Change Impact Analysis as per PMBOK Guide Seventh Edition
What is Change Impact Analysis?
Change Impact Analysis is a crucial process in the Project Change Control. It involves assessing the potential implications of a change on the project's objectives, deliverables, schedule, cost, and resources.
Importance:
Performing a Change Impact Analysis helps project managers better understand the consequences of changes, mitigate associated risks, ensure alignment with project objectives, and maintain control over the project.
Working:
It begins with identification of a proposed change. The change is analyzed for potential impacts on different components such as project scope, timeline, budget, and risk management. The result helps in deciding to accept or reject the proposed change.
Exam Tips:
Understanding Change Impact Analysis is integral to answer questions regarding it in an exam. The key to answering these questions is to understand the potential impacts a change could have on different aspects of the project and how these changes might be managed or mitigated. Remember that not all changes are negative and can often lead to improvements.
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