term1 Definition1term2 Definition2term3 Definition3
Please sign in to your Google account to access your documents:
Risk of change often avails itself in five ways:
•The risk of unauthorised and properly assessed changes,
• The risk of a low change success rate,
• The risk of high numbers of emergency changes,
• The risk of significant project delays.
CAB
Change Advisory Board (CAB), composed of membership from both the technical and business parts of the organization.
--The purpose of a CAB is to mitigate the various risks associated with change by having technical and business representatives review and assess the various aspects of changes
List 3 Risks on project level
•Resistance
•Project put on hold
•Resources not made available
•Obstacles appear unexpectedly
•Project fails to deliver results
•Project is fully abandoned
List 3 Costs on Project level
•Project delays
•Missed milestones
•Budget overruns
•Rework required or design
•Loss of work by project team
List 3 Costs on organisational level
•Productivity declines
•Loss of valued employees
•Reduced quality of work
List 3 Risks on organisational level
•Impact on customers
•Impact on suppliers
•Moral declines
•Legacy of failed change
•Stress, confusion, fatigue
ADKAR
ADKAR is a research-based, individual change model that represents the five milestones an individual must achieve in order to change successfully.
A – Awareness of the need for change
D – Desire to support the change
K – Knowledge of how to change
A – Ability to demonstrate new skills and behaviours
R – Reinforcement to make the change stick
VOI
VOI,or Value on Investment: is a concept introduced by Gartner recognising that in the modern economy, intangible assets contribute heavily to an organisations products and outputs
--These intangible assets include:
•knowledge, •processes, •the organisationals structure,and; •ability to collaborate
Need help typing ? See our FAQ (opens in new window)
Please sign in to create this set. We'll bring you back here when you are done.
Discard Changes Sign in
Please sign in to add to folders.
Sign in
Don't have an account? Sign Up »
You have created 2 folders. Please upgrade to Cram Premium to create hundreds of folders!