Requirements Management
Business Analysis benchmark
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The Secret of Designing Products Customers Love: Manage Requirements Effectively
Originally Published By: The Aberdeen Group in December, 2009
Today's modern products are reaching new levels of innovation, but to accomplish this, they have become more complex and sophisticated than ever before. Many products have evolved into something that could actually be defined as an integrated system consisting of components that require the expertise of multiple engineering disciplines. Aberdeen examined the development practices of this evolving trend for today's products in System Engineering: Top Four Design Tips to Increase Profit Margins for Mechatronics and Smart Products, October 2009. One of the central themes that emerged from this study is the need to properly manage product requirements. This Analyst Insight explores this topic further.
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Assessing the Impact of Poor Requirements on Companies
This report presents the findings from surveys of over 100 companies and presents definitive findings on the importance and impact of business requirements on enterprise success with technology projects. The survey focused on larger companies and included an average project size of about $3 million.
This white paper is one of three extracts of the study: Business Analysis Benchmark, the Impact of Business Analysts on North American Business, and Technology Projects. This volume focuses on the cost to organizations for using poor business requirements, and the impact that excellence in business requirements can have on time, budget, and overall project success rates.
