Name a consequence of not managing changes to a contract effectively.

Not managing changes to a contract effectively can lead to potential disputes and project delays. When changes are not properly documented, communicated, or agreed upon, it can create confusion over responsibilities and expectations among the parties involved. This lack of clarity often results in disagreements, which can escalate into disputes that require resolution processes, such as mediation or litigation. Additionally, if changes are made without a clear understanding of their implications, it can disrupt the project timeline, leading to delays as teams work to address the fallout from unmanaged changes. Thus, effective change management is crucial to maintaining project alignment and ensuring that all stakeholders are on the same page, ultimately reducing the risk of disputes and delays.