To effectively manage changes to the project scope, schedule, or budget, a formal change management process is implemented. This process ensures that all changes undergo a thorough evaluation and approval process before being incorporated into the project.  
The following steps are followed to manage changes: 
 

• Identifying the Change:  
  Changes can be identified by any member of the project team, but the project manager is responsible for identifying and documenting the proposed change. 
   
• Assessing the Impact of the Change:  
  Once a change is identified, a comprehensive assessment of its impact on the project is conducted considering the potential impacts on project scope, schedule, budget, and quality. It helps determine the implications and associated risks of implementing the proposed change. 
   
• Developing a Change Management Plan:  
  Based on the impact assessment, a change management plan is developed. This plan outlines the necessary steps and actions required to implement the change while minimizing disruptions to the project. It includes details such as the resources needed, timelines, and any additional risks or considerations. 
   
• Obtaining Approval for the Change:  
  The change management plan is submitted for review and approval by the project sponsor or relevant stakeholders. Their approval is essential to ensure that the change aligns with the project objectives and is in the best interest of the project’s success. 
    

• Implementing the Change:  
  Once the change management plan receives approval, the project manager oversees the implementation of the change ensuring that the necessary adjustments are made to the project scope, schedule, budget, and resources as outlined in the plan. 
   
• Monitoring the Impact of the Change: 
  After the change has been implemented, close monitoring of its impact on the project is conducted. This monitoring assesses the actual effects on project scope, schedule, budget, and quality. It helps identify any deviations or unforeseen consequences, allowing for timely corrective actions if needed. 

By adhering to this change management process, we can promote transparency, accountability, and informed decision-making, ensuring that changes are managed systematically and efficiently.