Description: Impact management is the process of assessing and managing the impact of projects and initiatives, aiming to maximize benefits and minimize negative effects on society, the environment, and the economy. This approach involves identifying potential effects of an action before its implementation, as well as monitoring and evaluating its outcomes. Impact management is based on the premise that every project or initiative has repercussions that can be both positive and negative, and it is essential to understand these dynamics to make informed decisions. Key features of impact management include strategic planning, stakeholder engagement, data collection, and ongoing evaluation. This process applies not only to social or environmental development projects but is also relevant in various sectors, including business and technology, where organizations seek to understand how their operations affect the community and the environment. In an increasingly interconnected world, impact management has become an essential tool to ensure that initiatives are sustainable and responsible, promoting balanced and ethical development.
