When developing the change-management plan for a predictive project, the project manager must specify how proposed changes will be evaluated before they are submitted for approval. According to PMI's PMBOK Guide, what is the expectation regarding cost and schedule impact analysis for change requests?
Changes that may affect any project baseline are generally expected to provide estimated schedule and cost impacts before they are reviewed.
Impact analysis is performed only after the change control board has approved the change.
PMI leaves impact analysis entirely to individual preference and does not recommend including cost or schedule considerations in change evaluation.
Every proposed change must contain a detailed cost-and-schedule impact analysis before it can even be entered in the change log.
PMI expects change requests that could affect any approved baseline to include estimated impacts on schedule and cost so that decision makers-such as a change control board-can make informed choices. The Guide uses phrases like "may require" and "should normally include," indicating that organizations tailor the level of detail to their context; it is not an absolute mandate for every project or for changes that do not touch a baseline. Options that claim impact analysis is always mandatory, occurs only after approval, or is entirely optional are inconsistent with this guidance.
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