flevyblog

Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other

Requirements Management Plan: Why Do We Need It Anyway?

Editor's Note: Take a look at our featured best practice, Software Requirements Management Plan (Excel workbook). Software requirements management plan content: Competencies needed Infrastructure Communication plan Structure Traceability guidelines Priorization guidelines Techniques selection guidelines Change management guidelines Change control board Config management Metrics Requirements [read more]

* * * *

dilbertRequirements gathering is a small phase of the project.  Why do we need a plan for it?

We have a project management plan for the project. Why do we need one more plan?

We follow agile life cycle where in the project cycle is shortened. Then, why is requirements management plan needed?

Given below is an indicative list of items/aspects that are managed in Requirements management plan.

  1. Overview of the project – Describing the overview and objectives of the project
  1. Terms and Glossary – Terms, abbreviations and definitions specific to the project used in the document can be described here
  1. Infrastructure – Hardware, software, tools needed for the project
  1. Communication plan/mechanism – what will be the communication mechanism, frequency and audience /stakeholders
  1. Structure – Which part of the requirements will be contained in which document e.g. SRS will contain use case description, BRD will contain the business requirements
  1. Traceability Guidelines – How the requirements will be traced e.g. project objectives à stakeholder request àBRDàSRS
  1. Prioritization Guideline – How the requirements will be prioritized e.g. statutory/legal requirement, Critical business objective then it will be high priority
  1. Techniques – what techniques will be used in which situation, from the usual techniques like SWOT, Matrix model, surveys and techniques etc
  1. Change Management – How will requirements change be handled, the requirements change management process can be documented here
  1. Change control board – the constitution and the authority of the board can be described here e.g. functional requirements  <20 Hrs can be authored by Requirements analyst, reviewer can be Lead BA and Domain SME, approver can be PM
  1. CM Plan – who will be owner for which document like Flow diagrams, prototypes
  1. Metrics – Typical metrics can be % of requirements delivered as per requirements management plan, Average effort spent per detailed requirements document, Number of defects identified per use case
  1. Attributes – Attributes of the requirement can be detailed here will need to contain the attribute name, description, type, Values
  1. System context – Various system context such as stakeholders, interfacing systems etc
  1. Sources and techniques – This will detail out the type of requirements, Source of the requirement, techniques for Elicitation and Modelling
  1. Stakeholder Matrix – This will have details of the various stakeholders like name, type, role, Criticality, expectations, contact details etc
  1. Resource structure of the BA/RE team with name, role, contact details etc
  1. Skill gap analysis and Competencies needed
  1. Effort estimate for the Requirements engineering task
  1. RACI Matrix for the various types of requirements
  1. Risks and assumptions – Risks and Assumptions for the requirements of the project with impact, mitigation plan
  1. Activity plan – Activity/ task plan with schedule, responsibility, effort needed, deliverable details
  1. RMP checklist – To ensure all the planned activities and tasks are completed

A requirements management plan is needed as much as a project plan is needed for a project and smooth functioning of the project.

Please see a video demonstration of the template here.

Excel workbook
Requirements for IT systems are often divided into two broad categories: Functional Requirements and Non-functional Requirements. Functional Requirements are usually focused on describing the ICT functionality most visible to users. Non?functional requirements are equally important but often less [read more]

Do You Want to Implement Business Best Practices?

You can download in-depth presentations on Requirements Gathering and 100s of management topics from the FlevyPro Library. FlevyPro is trusted and utilized by 1000s of management consultants and corporate executives.

For even more best practices available on Flevy, have a look at our top 100 lists:

These best practices are of the same as those leveraged by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Improve the growth and efficiency of your organization by utilizing these best practice frameworks, templates, and tools. Most were developed by seasoned executives and consultants with over 20+ years of experience.

Readers of This Article Are Interested in These Resources


Excel workbook
The Requirements Traceability Matrix (RTM) is an excel spreadsheet that links the product requirements to design and test cases. The purpose of a RTM is to provide a means to trace requirements throughout the project lifecycle. It also ensure that all requirements are tested and [read more]


 
Excel workbook
 
 
7-page Word document

About Ananya Pani

Ananya Panyi is a Director and Co-founder of Adaptive US Inc., a technology consulting firm specializing in Business Analysis training services and materials. Adaptive US Inc. is also an author on Flevy, offering a wide selection of BA, IT, and business training guides (see their materials here). You can reach Ananya directly by email here: ananya.pani@gmail.com.

,





Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]

  This 48-page whitepaper, authored by consultancy Envisioning, provides the frameworks, tools, and insights needed to manage serious Change—under the backdrop of the business lifecycle. These lifecycle stages are each marked by distinct attributes, challenges, and behaviors. [Learn more]

We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]

  We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
Recent Articles by Corporate Function

  

  

  

  

  


The Flevy Business Blog (https://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most of our articles are authored by management consultants and industry executives with over 20 years of experience.

Flevy (https://flevy.com) is the marketplace for business best practices, such as management frameworks, presentation templates, and financial models. Our best practice documents are of the same caliber as those produced by top-tier consulting firms (like McKinsey, Bain, Accenture, BCG, and Deloitte) and used by Fortune 100 organizations. Learn more about Flevy here.


Connect with Flevy:

     
  


About Flevy.com   /   Terms   /   Privacy Policy
© . Flevy LLC. All Rights Reserved.