Most organizations today have software management tools and procedures than the enterprises that have resorted to formal requirements management. However, any uncontrolled requirements modifications can have a great influence on the failure or success of a project as the lack of version control or code change management. Efficient requirements management tools needs to span the entire life cycle from the original concept of it, through design, modelling, analysis, coding, testing, end-to-end maintenance and enhancements. IT shops that does not have a systematic requirements management system and tools are generally exposed to the hassles of costly project delays and rework. Today companies specializing in software development life cycle has come up with requirements management solutions that offers a rich and configurable, global platform for tracking a set of requirements, in collaboration with their development and implementation. The project objectives and the deliverables are shared by multiple team members including analysts, consumers, designers and software architects in order to collaborate on managing requirements globally and locally. Advanced requirements management tool make sure that all the developers are operating from the common playbook regardless of their location. This apart, there are no last minute expensive adjustments and modifications. The outcome being high-quality application that is at par with what the end user demanded and complying with every internal and external needs. Furthermore, high-end requirements management tools are 100 percent web-based application. It has been designed in for optimizing the project work that is disseminated between building of a campus, or sites round the globe. All its features, comprising configuration and administrative procedures, are assisted through the web. All this results in the following benefits: * Effective telecommuting * Efficient management and proper control of overseas projects * Better collaboration with varied internal functional teams * Improved collaboration with solution providers The new age requirements management tools have compact traceability relation features. It enables all kinds of associations, comprising the custom ones, between Requirements thereby allowing you to set up logical links, such as “depending”, “bi-directional” and “affecting” between the requirements and then be able to view then in a set of multiple visualizing tools. This further comprises folder hierarchy report on the Requirements traceability, Requirements traceability matrix and the Requirements Traceability Relation Network Diagram. In addition to that, the tool also enables in both reactive and proactive analysis. Influence on the changes are forwarded to the stakeholders automatically in make sure that there is synchronization and then undertakes the preventive measures at the earliest to reduce the expenses of changes at the end of the life cycle. Read more about- Requirements traceability matrix, agile methodology
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