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Confluence is a project management solution that enables organizations to create, collaborate, organize and review project documents. The system offers both cloud-based and on-premise deployment. Confluence’s editor feature a...Read more
monday.com, an award-winning collaboration and project management platform, helps teams plan together efficiently and execute complex projects to deliver results on time. monday.com team management and task management tool allows ...Read more
codebeamer is an Application Lifecycle Management (ALM) platform for advanced product and software development. The open platform extends ALM functionalities with product line configuration capabilities, and provides unique config...Read more
Aligned Elements is an on-premise and cloud-based solution that helps medical device businesses leverage requirements management tools to create and trace design controls throughout the application lifecycle. Managers can sign doc...Read more
ReqSuite® RM is an on-premise and cloud-based requirements management solution that helps businesses in tendering, procurement, product development and enterprise application management streamline processes related to standardizat...Read more
Kovair ALM Studio is an application lifecycle management solution that helps businesses streamline processes related to project management, testing, quality assurance, requirements management and more on a centralized platform. It...Read more
agosense.fidelia is a requirements management software that helps businesses of all sizes manage tasks, visibility, objectives, review and more across projects. The platform enables organizations to automate and record changes and...Read more
REQCHECKER is a requirement management solution, which helps businesses create, verify and track traceability between documents and specifications. Features include full-text search, version control, impact analysis, proofreading,...Read more
Modern Requirements4DevOps is a requirements management solution that provides businesses using Azure DevOps with tools to manage projects and facilitate collaboration across teams. Administrators can build versioned documents wit...Read more
Agile Requirements Designer is a cloud-based solution designed to help businesses of all sizes implement and automate agile testing requirements throughout application development lifecycles. Users can generate test cases and map ...Read more
Abacus is a cloud-based T&E solution that offers midsize teams a highly efficient way to track and control expenses, reimburse employees, and book travel. Employees use a mobile app to submit expenses right when they happen. ...Read more
For product development or upgradation projects, business analysts, product managers, and project managers have to collect and track requirements from multiple stakeholders. They also have to document all the requirements correctly, prioritize them, and communicate the expected turnaround time (TAT) to stakeholders.
Requirements management software can make the job of gathering, tracking, analyzing, and prioritizing requirements easier and faster. It helps get all stakeholders on the same page by offering real-time notifications of changes to the requirements or project priorities.
We understand you’re hard-pressed for time and wouldn’t be able to check out all the requirements management solutions available on the market. To help you, we’ve put together this buyers guide that explains the key aspects to consider when finalizing a requirements management tool.
Here’s what we’ll cover:
Requirements management software is a type of project management tool that helps document and share project requirements with multiple stakeholders. It helps collect inputs from stakeholders, store them at a centralized location, and collaborate with various project teams. It also lets users track pending requirements and prioritize them based on different project needs.
In this section, we’ll discuss the common features of requirements management tools.
Requirements gathering | Gather project requirements from multiple stakeholders via emails, web forms, or other communication channels. |
Collaboration | Share files and discuss project requirements and status via emails or integrated discussion boards. |
Document management | Use built-in document templates to record project requirements, import or export requirements documents, and store them at a centralized location. |
Visualization | Build customized visual aids, such as project diagrams and mock-ups, to help users understand the different requirements, constraints, and process rules for every stage of the project. |
Traceability and impact analysis | Define the relationships between different requirements, and calculate the impact of changing requirements on the project plan. |
Requirement prioritization | Arrange requirements and related tasks based on their priority, and track the estimated TAT of all pending requirements. |
Security and permissions | Use data access controls to ensure requirements documents can be accessed only by authorized members. Also, use encryption and other security methods to store and share the documents securely. |
Before you start evaluating requirements management software options, you'll want to know which buyer category you belong to. Most buyers belong to one of the below categories.
Requirements management software may seem like an additional expense, but it offers many benefits. In this section, we’ve listed its key benefits.
Here are some additional aspects you may want to keep in mind when shortlisting requirements management tools.
Here are some latest developments in the requirements management software market that you should be aware of.
Note: The application selected in this article is an example to show a feature in context and is not intended as an endorsement or a recommendation. It has been obtained from sources believed to be reliable at the time of publication.