How to Create a Requirements Management Plan and Why You Should

Every project comes with a multitude of requirements, from stakeholders and the business itself. To keep track of them all, and to ensure we’re delivering value, we need a strategy to organize them.

Business analysis professionals can do this effectively with a Requirements Management Plan (RMP). In this article, we’ll discuss the basics of an effective RMP and how to create one.

A Good Requirement is a SMART Requirement

A requirement is a function that a product, process, or system must do or a quality it must possess. Requirements are a crucial component of the solution that a Business Analyst proposes. They are one of the components that drive the BA to create the solutions that they bring to the table.

Typically, the SMART framework applies to goals. But it has been borrowed and re-adjusted to apply to requirements, making them Specific, Measurable, Attainable, Reasonable, and Traceable.