Good requirements management ensures benefits realization
When properly implemented and supported, the critical competency of managing requirements enables you to exceed stakeholder expectations, improve performance, meet expected project benefits and achieve tangible business outcomes.
Poor requirements management is a major cause of project failure, second only to changing organization priorities.
Source: PMI 2014 Pulse of the Profession® study.
Our latest Pulse of the Profession® research has some startling findings for organizations:
- Only 49 percent have the resources in place to do requirements management properly;
- Only one-third say that their leadership values requirements management as a critical competency for projects and strategic initiatives; and
- 53 percent fail to use a formal process to validate requirements in an unbiased way.
How to reverse the trend? Focus on culture, people and processes that support effective requirements management. See more in our Pulse of the Profession In-Depth Report.
The PMI-PBASM recognizes and validates your expertise in business analysis, a competency that is essential in project and program management.
Resources on requirements management
Key findings from PMI’s 2014 survey of project practitioners and business analysts on the current state of requirements management. From PM Network®
Learn four steps to create a common vision for change and gain commitment and compliance from involved stakeholders. By Victoria Cupet, Michael Frenette, Salah Haswah, Thea Hughes, and Leandro Mingoti
Requirements management resource library
See papers, case studies and articles by experts in the field. Complimentary downloads for PMI members.