Configuration management is the process of identifying and organizing the various components of a system or project, controlling changes to these components, and ensuring that the components are tracked and documented throughout the system or project lifecycle.

Configuration management is important because it helps to ensure that a system or project is stable, consistent, and reliable. By identifying and organizing all of the components of a system or project, configuration management helps to prevent errors, reduce costs, and improve efficiency.

There are several key activities involved in configuration management, including:

  1. Configuration identification: This involves identifying and documenting all of the components of a system or project, including hardware, software, documentation, and other related items.
  2. Configuration control: This involves managing changes to the components of a system or project, including assessing the impact of changes and ensuring that changes are made in a controlled and documented manner.
  3. Configuration status accounting: This involves tracking and reporting the status of all components of a system or project, including the current version, location, and other relevant information.
  4. Configuration auditing: This involves reviewing the configuration management process to ensure that it is being followed correctly and identifying areas for improvement.

Overall, configuration management is an important process for ensuring that systems and projects are managed effectively and efficiently, and that they meet the needs of stakeholders. 

ISO 10007 is a standard developed by the International Organization for Standardization (ISO) that provides guidelines for project management regarding configuration management. Configuration management refers to the process of identifying and organizing the various components of a project, ensuring that they are tracked and controlled throughout the project lifecycle.

ISO 10007 provides guidelines for configuration management planning, identification, change control, status accounting, and audits. It specifies the requirements for a configuration management system, including the documentation and records that must be maintained.

In particular, ISO 10007 provides guidance on how to establish a configuration management plan, which is a formal document that outlines how configuration management will be implemented on a project. The plan typically includes details such as the configuration management team structure, the procedures for identifying and controlling changes, and the methods for tracking and reporting configuration status.

Overall, ISO 10007 is a useful tool for project managers and other professionals involved in configuration management, as it provides a standardized framework for managing project components and ensuring that they are properly tracked and controlled throughout the project lifecycle.