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The purpose of change management in projects is fundamentally about preparing, supporting, and assisting individuals and teams in effectively navigating organizational changes. This process recognizes that change can often be met with resistance from those affected, and thus it aims to facilitate a smooth transition by addressing the human aspects of change.

Effective change management involves communication, training, and resources to help stakeholders understand and embrace changes. This ensures that the intended benefits of the changes are realized and that disruptions are minimized. By focusing on individuals and teams, change management seeks to foster acceptance and commitment, which are critical for the success of any project.

The other responses do not encompass the comprehensive nature of change management. While technological changes might be a component of some projects, limiting change management solely to this aspect overlooks its broader role in addressing human factors and organizational readiness. Conducting financial audits relates more to fiscal accountability than the behavioral adjustments accompanying change. Similarly, managing staffing and hiring processes, although important, does not capture the essence of guiding and supporting people through change.