A change management plan template is a formal document which covers all the facts that are essentially required by an individual while changing the management of a company. It will be required when business management is going to make significant changes in business, like its nature, adding a new product line, opening a new branch, changing the management, ownership is undertaken by some other business, operational changes, strategic changes and mission changes. The change management plan will be used to identify the areas where improvements are necessary. This plan will include a list of changes to be made, the scope of changes and areas of the business affected by the changes. Importance of Change Management Plan: A change management plan is a vital tool that elaborates on how to prepare a meaningful strategy to apply changes in an organization and the true action plan for executing them. In other words, it is a specific course of action which management approved for implementing for a specific period of time to evaluate the outcomes. A change in any may will never be welcome, and the reaction is obvious. Therefore, management is keenly concerned before applying this plan not to overcome the outcomes