7 Best Practices that must be followed by Project Managers

With increasing complexities and changing dynamics of the marketplace, customer’s need is evolving.

And you, as a Project Manager, need agility to adapt customers’ rapidly changing requirements while helping your development team to meet their task.

In addition to responding to customer’s feedback and demands, Project Managers have to cater to modern project development needs like- iterative roadmap, a large number of requirements documents, and a geographically distributed team.

As these challenges mount, the pressure is on you to evolve your organization’s development process and deliver the best quality products.

Clearly, continuing to communicate via unstructured methods like emails, chats, and general spreadsheets, will not help you in delivering successful projects.

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What are the most critical Challenges in Requirements Management?

Every Project Manager or Business Analyst understands the efficacy of managing requirements to deliver a successful project. Whether its a Project Management or Software Development, the foundation of success or failure depends on requirements management.

The vitality of requirements crosses project methodologies, whether agile or traditional. It also crosses industries, from financial, manufacturing, construction, energy, telecom, or others.

Analysts report that as many as 71% of software projects that fail do so because of poor requirements management, making it the single biggest reason for project failure – bigger than bad technology, missed deadlines, or change management fiascoes.

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