Features & Benefits of Requirements Management ToolsRequirements management can be defined as a systematic approach for or...
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Features & Benefits of Requirements Management Tools

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Requirements management can be defined as a systematic approach for organizing, eliciting and documenting the software needs of a system and then setting up and maintaining an agreement between the consumer and the project team on the modifications to those needs. Efficient requirement management tools help in maintaining a clear statement about the requirements, along with apt attributes and traceability to other needs and project artifacts.

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Features & Benefits of Requirements Management Tools

  1. 1. Features & Benefits of Requirements Management ToolsRequirements management can be defined as a systematic approach for organizing, eliciting anddocumenting the software needs of a system and then setting up and maintaining an agreementbetween the consumer and the project team on the modifications to those needs. Efficientrequirement management tools help in maintaining a clear statement about the requirements, alongwith apt attributes and traceability to other needs and project artifacts.Importance of Requirements Management ToolsRequirements analysis is a huge starting step in software development. Being able to manage thechanging requirements through the software development life cycle is the main aspect in setting up asuccessful solution that helps to cater to user requirements and is set up on time and within theestimated budget. Hence, an essential feature of requirements management tools is to communicateabout the requirements to all the team members all through the life cycle. The process is useful forend users, project stakeholders, developers, project managers and testers as it ensures that they arecontinuously kept appraised of the requirement status and have a deep understanding of the changingneeds especially for schedules, functionality and expenses.The key requirements management skills thus include:  Problem analysis  Understanding stakeholder requirements  Defining the system  Managing the scope of the system  Refining system definition  Managing the changing requirementsToday service providers specializing in application lifecycle management has come up with advancedrequirements management tools that have inbuilt technologies offering a highly user friendly andsimple interface. The rich implementation of requirements parsing, gathering, management,traceability, intelligent reporting and base lining in a process driven manner helps the project teams tomanage and map the requirements. In addition to this, the requirement management tool is hundredpercent web based offering the following benefits:  More effective telecommuting  Better management and control of offshore projects  Better collaboration with different internal functional groups  Better collaboration with service partnersAdvanced equipment’s management tools offers a rich and configurable, global platform that helps incapturing a set of requirements, collaborating with their development, and tracing implementationback to specs. The project objectives and deliverables are shared by various team members i.e.customers, analysts, software architects and designer for collaborating on managing requirementslocally or globally. Furthermore, it also makes sure that all developers are operating from the sameplaybook, irrespective of their location, without any expensive last minute surprises. Therefore, theoutcome is a high-end application that matches what the end user asked for and complies with allinternal and external requirements.Other Links - Agile Methodology & Application Lifecycle Management

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