Exam PMP topic 1 question 1120 discussion

Managing requirements. Regardless of whether requirements are documented up front, evolved along the way, or discovered, there is a need to manage them. Ineffective requirements management can lead to rework, scope creep, customer dissatisfaction, budget overruns, schedule delay, and overall project failure. Therefore, many projects have one accountable person for requirements management. This person may serve as business analyst, product owner, value engineer, or other title. Those individuals managing requirements may use specialized software, backlogs, index cards, traceability matrices, or some other method to ensure there is an appropriate level of requirement flexibility versus stability, and that new and changing requirements are agreed to by all relevant stakeholders.