Requirements in the Life Cycle Managements have some of the important task to perform in the organization.
I am going to talk about the important requirements in the life cycle process
Trace Requirements – This the all about establishing the imperative relationship between the important elements in the organization which effects business in both positive and negative manner. the requirements, the design of the product, other elements for the oriented results of the findings
Maintain Requirements – The important ideas and the imperative designs have be done to check the accuracy and should made the changes in the process required
Prioritize Requirements – There is always a way to make the work done in with the best approach as the important element as the things can be done with the urgency of the work and the other required results from the work in the particular time and need to manage the work as needed.
Access Requirements Changes– The stakeholder are the imperative part of the organization on which the business is dependent on to make the necessary adjustments to make the stakeholders interest in the company
Approve Requirements – The approval of the business stakeholders is important task to make the work done with the efficiency and effectiveness
Sources : LIBA. (2015).Guide to the business analysis body of knowledge: BABOK guide. Toronto: Ontario.
By: Sachin Chopra
Group 1 Tim Horton's 
Prioritize Requirements:
The purpose of prioritizr requirements is to make sure the requirements are met in the order of its importance to stakeholders. To analysis the requirements, the BA will take many factors into consideration. The factors are: Benefit, Penalty, Cost, Risk, Dependencies, Time Sensitivity, Stability, Regulatory or Policy Compliance.
There are also challenges to prioritize the requirements. Basically, prioritization is an assessment of relative value. However, each stakeholder may have different values, this can impact the progress. The importance of requirements is always changing as the work carry on, so we need to do continual prioritization in the same time.
To cope with these problems above, some guidelines and tools are recommended:
Business Constraints, Change Strategy, Domain Knowledge, Governance Approach and Solution Scope.
By Haoyan Yin
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Maintain Requirements:
The purpose of Maintain Requirements is to retain requirement accuracy and consistency throughout and beyond the change during the entire requirements life cycle. This aims to support the reuse of requirements in other solution as this is a vital part of the maintenance and sustainability. Not only can it be sustained, but you want something dependable and repeatable. Ways one can reuse would be within the current initiative, within similar initiatives, within similar departments, and throughout the entire organization.
Ways to maximize the benefits of maintaining and reusing requirements tend to focus on something that is consistently represented, reviewed and approved for maintenance using standardized processes that defines proper access rights and ensures quality, and finally easily accessible and highly understandable.
Sources: LIBA. (2015). Guide to the business analysis body of knowledge: BABOK guide. Toronto: Ontario
-Mark Stabile
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Assess Requirements Changes:
The main purpose of assess requiremnets changes is to judge the implications for changes to requirements and designs.
This task is basically performed to impliment new needs and performed solutions for every problem. Assessment must be taken on the changes that made for company and then check is that techniques or changes are valuable for the company, if yes what steps should be taken, if not suitable then what can be do different for next to get success.
Business analyst is one who check the potential effect of the change to solution value, and check whether the proposed changes are valuable for business or giving the proper success.
Business analyst follow every step to check the techniques like look for the overall strategy, affects on business and on stakeholders groups, check for time to deliver the contents, and also check for the risks and look for solutions.
Sources: LIBA. (2015). Guide to the business analysis body of knowledge: BABOK guide. Toronto: Ontario
By: Kirandeep Kaur
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