A family of Microsoft word processing software products for creating web, email, and print documents.
What is your Office version? This feature is available only for Office 365 subscribers. For Office 2016 i.e. not the subscription version of Office 365, the button has been made available but the functionality has not been made available. Hence, the button comes up as greyed out. This is logged as known issue with Microsoft.
It is not straight forward to rearrange the pages in Word like you can do in Powerpoint. You will have to cut and paste the relevant content on a page. Movement of whole page is not possible in Word.
There are some possibilities are like if you having headings, you can move them in view > navigation pane. Similarily page / section breaks may offer flexibility. But they don't offer what you are seeking.