Configuration Management is a systematic approach to managing and maintaining the consistency of a system's performance, functionality, and physical attributes throughout its lifecycle. It involves identifying, organizing, and controlling changes to the system, ensuring that all components work together effectively. This process is crucial in various fields, including software development, IT infrastructure, and project management. The primary goal of Configuration Management is to enhance efficiency and reduce errors by keeping track of all configurations and their changes. By documenting and monitoring these configurations, organizations can quickly identify issues, streamline updates, and ensure compliance with standards, ultimately leading to improved reliability and performance.