Risk and Change Management are Identification processes, while Change Management is an Action Planning Process to direct a desired outcome arising from potential Risks or Manifested Issues.
Risk Management aims to reduce risk to zero. Sometimes risk can just be accepted, for example. Change Management is in itself a risk, that needs to be managed.
Change management deals with either "managing change within an organization", for instance, in a hierarchical organization, changing the organizational flow-chart to accommodate new positions or additions, or, in a project, carefully obtaining approval for a procedural change and documenting the change; submission docs, approval docs, cost-variations (to bill or not to bill), schedule variance, and any asset variations and their associated costs.
It's quite important to have a paper trail, especially as some companies will bod low if they know there will changes; Change Orders are a way to pad the bottom line. I know that many of you believe that Agile Methodologies are in essence opossed to documentation but "Oh dear you have mistaken Agile with Lazy!" Docimentation is fundamental in any project, regardless Size of the Project (again: Consider the impact of the project, not the size of the project. )
Change Management requires consideration of human factors, current culture, and a commitment by upper management to devote multiple resources to the culture shift activities necessary for success. Risk Management is primarily a quantitative process based on facts/figures/data-based projections/potential impact on ROI. Even if the "risks" under consideration have to do with people's perceptions and reactions to some operational adjustment, the calculation of risk is fundamentally a mathematical methodology.
Risk management is a comprehensive, collaborative effort to reduce risk to the lowest possible acceptable level.
This should be zero risk, but we all know you can't always quite achieve zero, but you need to get close to that figure.
Remember to involve all disciplines at the initial assessment (by e-mail, phone conference, video conference).
Best Regards · Mit freundlichem Gruß · Cordialmente ·
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