Benefits of using a Requirements Tool
Reduction in costs The costs of requirements errors are extremely high. For example, the cost to correct errors injected early (during requirements development) multiplies as your project proceeds - costing you 50, 100, or even 400 times more as the project proceeds (Reifer, 2007; Dabney and Barber, 2003; Boehm and Basili, 2001; Nelson et al., 999; McConnell, 1996; Boehm and Papaccio, 1988). Companies need to reduce their development cost in order to maintain themselves competitive. By using a professional tool your team will reduce the cost of working with well-defined and well-managed requirements. Reduce rework According to the Carnegie Mellon Software Engineering Institute, "Data indicate that 60-80% of the cost of software development is in rework." In order to maintain competitive companies need to be able to create, store and shared their requirements, allowing multiple teams to work and reuse them, instead of starting every product or service de...