Guide on Requirement Analysis
Requirement Analysis is a critical aspect of project management, particularly in Waterfall Project Management Model within the realm of the CAPM, or Certified Associate in Project Management.
Importance: Requirement Analysis is pivotal because it helps to ascertain the needs and expectations of the client or stakeholders for a specific project. The process also aids in defining the tasks that must be accomplished to deliver a product that fulfills these needs and expectations.
Concept: Requirement Analysis is essentially the process of defining a project's objectives by assessing and documenting the specific project’s needs. It is typically the second stage in the Waterfall Project Management Model, following initiation and preceding design.
How it works: Requirement Analysis begins with gathering requirements, followed by analysis and documentation. In the gathering phase, input is collected from varied sources like stakeholders, clients, and end-users. In the next phase, these requirements are analyzed for validity and feasibility. Finally, the requirements are documented and approved.
Exam Tips: To answer questions on Requirement Analysis, keep the following pointers in your mind:
- Understand the Definition: Understand and recall accurately the definition of Requirement Analysis.
- Know the Process: Familiarize yourself with the entire process of Requirement Analysis, including gathering, analyzing, validating, and documentation of requirements.
- Importance: Be able to explain Why Requirement Analysis is important in Project Management.
- Real-life Applications: Be equipped to provide or identify examples of Requirement Analysis in real-world situations.