Requirements Change Management (RCM) could occur at any phase of the software development life cycle. Therefore, RCM is considered to be a difficult task in software development organizations. The purpose of this study is to propose a model for RCM that will be implemented in collocated software development organizations. The model is based on the data collected from different RCM reports, models, research papers and different case studies related to RCM. The model has seven core stages, i.e., change request, validate, reject, batch, implement, verify and update. Propose model will eliminate the limitations of the available RCM models. © 2012 IEEE.