What does a change log track in project management?

A change log is a vital tool in project management that specifically tracks changes made throughout the course of a project’s life cycle. It serves as an official record of alterations, decisions, and the rationale behind each change, thereby ensuring transparency and accountability. By documenting these changes, project managers and teams can maintain a historical record that helps assess the impact of changes on the project’s scope, timeline, and deliverables. This allows for better decision-making and aids in managing stakeholder expectations.

The other options focus on different aspects of project control and communication. For instance, tracking budget expenditures and forecasts deals with financial management rather than changes in project scope or requirements. Communication with stakeholders is essential for keeping everyone informed, but it doesn’t specifically encompass changes made to the project. Similarly, daily project progress updates are focused on the current status of tasks rather than documenting changes made during the project. Each of these aspects is important, but they serve different purposes distinct from the documentation of changes that the change log provides.