The concept of Management of change can be explained with the example of true stake holders. Effectiveness of MoC can be clearly seen if all the stakeholders are working on a similar framework with almost every common rule. The change process is based on the principal of four major elements namely identification, review, disapproval or approval and implementations. If we consider the Christmas market and the London Olympic Games, the project change management can be easily calculated. In terms of cost and schedule the changes in Christmas market and London Olympic Games are identified in the initial stage. The review of its problems and symptoms are calculated next. Root cause is either approved or disapproved accordingly (Elearn, 2005). Stakeholders can make change in the lifecycle of the project only if it promises for the progress of the project. The Christmas market falls in its off season. Then the stakeholders play a very important role in bringing changes in the prices of the products of the market. Therefore by decreasing the prices they can ensure product sale from zero to at least one percent. London Olympic Games also have the same issues. During the Olympics the market value is high but later on the stakeholders have to change it according to the system.