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Execute the Change Management Plan The purpose of Execute the Change Management Plan is to address the implementation processes for performing the change activities by monitoring, measuring, and controlling delivery against baseline plans. The Change Management Plan defines how internal controls w...

Execute the Change Management Plan The purpose of Execute the Change Management Plan is to address the implementation processes for performing the change activities by monitoring, measuring, and controlling delivery against baseline plans. The Change Management Plan defines how internal controls will be applied. It involves managing people (stakeholders and sponsors) and other resources while developing employee competencies through learning, development, and knowledge transfer. Executing the Change Management Plan involves alignment of strategic objectives, risk identification, and mitigation and modification of the plan as needed. Execute, Manage, and Monitor Implementation of the Change Management Plan Execute, Manage, and Monitor Implementation of the Change Management Plan requires that all resources, strategies, timelines, communications, and learnings combine to carry out the intended purpose of the Change Management Plan. It applies the processes identified through assessments and analyses to the needs of completing tasks and activities of the Change Management Plan. Execute Resource Plan Executing the coordination of finances, people, information, and physical resources is necessary to ensure delivery of the Resource Plan. Financial Resources Management During execution, the planned budget for the change will be controlled so that accountable spending to meet the deliverables can take place. It may be necessary to review the planned budget in the light of additional information as execution begins. This may require an increase, decrease, or reallocation of the budget between spending categories, executed through a controlled request process and approved by appropriate stakeholders. The spending process should be documented and understood by all involved, especially those providing control over the spending. Controls will include type and amount of spending. Regular reports of spending against budget should be prepared for senior stakeholders to ensure transparency.