Change is the result of a specific problem or opportunity facing the organization. A change is a formal proposal to modify or alter processes, systems, documents, deliverables, organizational structures, strategies, approaches, etc. Changes always involve some quantitative risk and if they are properly reviewed, evaluated, managed and coordinated, the risk could be minimized. To effectively manage any change a structured approach should be adopted to manage both the technical and people sides. Change management is the structured approach that applies a methodical strategy to assist and educate those affected by the change. Change management includes understanding the change and controlling vulnerability disclosure so that the overall risk to the business is managed effectively. According to the research study, 96% success rate is possible with effective change management and 6 times more likely to meet or exceed project objectives with an excellent change management process. Not having change management or managing it ineffectively would have an impact ...