Reducing Negative Impact of Project Changes with Risk and Change Management

Aljaž Stare
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Aljaž Stare: University of Ljubljana, Faculty of Economics, Ljubljana, Slovenia

Zagreb International Review of Economics and Business, 2011, vol. 14, issue 2, 71-85

Abstract: Although changes have proven to be one of the crucial causes of project deviations, this topic is relatively poorly discussed in the literature. This paper presents research whose goal was to examine how changes can be prevented, and how to reduce their negative impact. Theoretical research examined risk management and change management. The developed model was verified after conducting empirical research in Slovenian enterprises. The research confirmed that risk management identifies possible changes and reduces their impact; while formal change management ensures the effective implementation of changes. The combined functioning of both areas ensures effective project execution.

Date: 2011
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