Wondered why is requirements management so important to software and product development teams? The purpose of requirements management is to ensure product development goals are successfully met.
Requirements Management is a simple process of documenting, analyzing and agreeing on requirements so that engineering teams always have a current and approved set of requirements.
Requirements management provides a way to avoid errors by keeping track of changes in requirements and fostering communication with stakeholders throughout the engineering lifecycle.
It is reported that as many as 71% of software projects fail due to poor requirements management, making it the single biggest reason for project failure – higher than bad technology, missed deadlines, or change management fiascoes.
In this article, we will discuss how critical Requirements management is and how RMsis can simplify the process.
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