Reducing negative impact of project changes with risk and change management

Part of : MIBES Transactions : international journal ; Vol.5, No.1, 2011, pages 151-165

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Pages:
151-165
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Abstract:
Changes have proven to be one of the crucial causes of project deviations. This paper presents theoretical and empirical researches whose goal was to examine how to reduce the negative impact of project changes. Basically, we investigated whether changes can be foreseen or even prevented. Should that be done in the context of risk management, and does risk management reduce the negative influence of changes on a project at all? How important is formal change management? Theoretical research examined risk management and change management. Based on the study a "Project Risk & Change Management Model" was developed and verified after conducting empirical research in Slovenian enterprises. The research confirmed that change foreseeing reduces their impact; while formal change management ensures the effective implementation of changes. The combined functioning of both areas ensures effective project execution.
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Keywords:
project, project execution, risk management, change management
Notes:
Περιέχει πίνακες και βιβλιογραφία