Requirements management software helps project teams manage, document, analyze, prioritize, and set requirements for new products or services. It also connects development teams with relevant stakeholders and other interested parties, creating an avenue of communication about requirements and changes needed for the product or service.
Requirements management tools provide businesses with a complete, top-down understanding of all factors contributing to the scope of a new product or service. Businesses can utilize this software to verify product or service development meets the company’s standards, stays within constraints, and also meets the targeted needs of the consumers. Requirements management software facilitates a more organized approach to creating and implementing new products or services and fits in well alongside other development and application lifecycle management tools.
To qualify for inclusion in the Requirements Management category, a product must:
Document all requirements and steps toward a product or service creation
Analyze product or service needs, objectives, and constraints
Allow requirement flexibility as product or service development matures
Facilitate continuous communication between development teams, stakeholders, and interested parties