Project leaders rush or minimize the requirements management process at their own peril. However, if we spend too much time on requirements, we are at risk of creating a burdensome process that will delay the project. It is important, then, to apply the appropriate amount of requirements rigor to our projects.
In part three of our series, here is an overview of the key planning activities, sub-processes and deliverables involved in requirements planning, which should be driven by the business analyst as a member of the project team.
Changes in the financial services sector have made achieving straight-through processing—a dedicated commitment to settle a securities transaction within 24 hours and minimize risk—a monumental effort. Can agile software development and workflow management systems have a positive impact on addressing straight-through processing?