One of the most common reasons for project failure is the scope and requirements creep. About 43% of projects face challenges due to budget overrun or uncontrolled changes to the project’s scope.
Stakeholders changing the scope in the midstream of project development is very common. These changes result in the addition of new requirements for the project. And if the scope of the project changes new requirements might lead to project reschedule and increase in budget. Otherwise, you might face budget overrun or rework.Continue reading Why Requirements Baselining Is A Critical Part Of Project Development