Change Control within Information Technology (IT) systems and Quality Management System (QMS) is a formal process used to ensure that changes to a product or system are introduced in a controlled and coordinated manner. It reduces the possibility that unnecessary changes will be introduced to a system without forethought, introducing faults into the system or undoing changes made by other. The goals of a change control procedure usually include minimal disruption to services, reduction in back-out activities, and cost-effective utilization of resources involved in implementing change.

Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attack from an adversary, or events of uncertain or unpredictable root-cause.

With the proper Information Security, Internal and External Audit and Monitoring of intentional deception made for personal gain or to damage another individual or organizations in place, Paramarshak can help establish Change Control and Risk Management Process and Policy which will cover existing and upcoming technologies, audit controls, delivery channels and employees and user education.