Final answer:
The change policy in question refers to documenting the reasons behind the approval or rejection of change requests. It's part of a larger framework that includes identifying criteria and constraints, adhering to the design process, and plays a role in the entire policy process lifecycle.
Step-by-step explanation:
The change policy refers to the protocols and procedures that an organization follows when considering, approving, or rejecting proposals for changes within the organization or its projects. The statement 'The rationale behind every approval or rejection of a change request must be recorded' reflects a key aspect of this policy, as it emphasizes the importance of documenting the decision-making process and making the justification for these decisions clear. This practice is integral to ensuring accountability and providing clarity for all stakeholders involved in the process.
It is important to note that the change policy is a crucial component of project management and should align with the constraints and criteria that are part of the design process. The science or rationale behind selecting a particular solution to a problem, including the balance of constraints and criteria, is also an essential element of this documentation. Furthermore, the change policy plays a role in the broader policy process, which includes agenda setting, policy enactment, policy implementation, and evaluation.