A Change Request is a formal proposal to modify a project or product. It can arise from various sources, including stakeholders, team members, or clients, and typically outlines the desired changes, reasons for the request, and potential impacts on the project timeline and budget. Once submitted, the Change Request undergoes a review process where it is assessed for feasibility and alignment with project goals. If approved, the changes are implemented, and the project plan is updated accordingly to reflect the new direction. This process helps ensure that all modifications are documented and managed effectively.