Definition:
A group of stakeholders responsible for reviewing, approving, or rejecting changes to the project scope, schedule, or budget.
Key Components:
- Review Process: Evaluating proposed changes for impact and feasibility.
- Approval Authority: Granting or denying changes based on project objectives.
- Documentation: Recording decisions and rationales for transparency.
Use Cases/Industries:
- Construction: Managing design modifications and contract variations.
- Energy Sector: Overseeing adjustments to regulatory requirements and project specifications.
- Manufacturing: Controlling product design and production process changes.
Advantages:
- Structured Decision-Making: Ensures changes align with project goals.
- Minimized Disruptions: Prevents unnecessary delays and cost overruns.
- Stakeholder Accountability: Provides clear oversight on project modifications.
Challenges:
- Bureaucratic Delays: Lengthy approval processes can slow progress.
- Resistance to Change: Stakeholders may be reluctant to approve necessary modifications.
- Complex Documentation: Requires maintaining detailed change logs.
Related Terms:
Change Management, Project Governance, Change Request Process
Example:
A construction project implemented a Change Control Board to evaluate scope modifications, preventing unnecessary cost increases and maintaining schedule integrity.
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Synonyms:
Change Advisory Board, Change Management Committee, Project Change Board