posted on August 15, 2012 08:47
ARLINGTON, VA, USA – ESI International, the world's leading project management training company, today announced the release of a new research report titled “Strengthening Government’s Weakest Link: 5 Steps to Better Requirements Management.” The report explains the importance of identifying, agreeing upon and validating project requirements with stakeholders to eliminate over spending, wasted time and overall project failure.
In a recent survey of project managers and contracting officers, ESI found that 80% lacked a formalized requirements management and development (RMD) process, 95% do not formally recognize a role accountable for RMD, and 95% lacked tools to carry out RMD activities effectively.
“Government executives have a tough time making sure that project requirements are correctly developed and managed,” said ESI VP of Government Markets, Bill Damaré. “Now, amid shrinking budgets and growing demand for better government services, the impact poor requirements management can have on the entire project management lifecycle is more dramatic and visible than ever.”
In addition to discussing why agencies struggle with defining and meeting requirements, the report offers a five step process for RMD including:
- Understanding solution objectives
- Having a plan
- Getting requirements
- Analyzing requirements
- Validating requirements
“Today’s economic and political climate won’t allow government leaders to put up with long, drawn out projects or failed projects due to unclear or non-existent requirements,” said Damaré. “The agencies that focus on establishing and executing sound RMD will consistently realize better project results.”
Download the Better Requirements Management Report.or go to http://image.esi-intl.com/Web/ESIInternational/LG12JUN25BRALL-Gov%20Blame%20Game%20POV2.pdf
About ESI International
ESI, a subsidiary of Informa plc (LSE:INF), helps people around the world improve the way they manage projects, contracts, requirements and vendors through innovative project management training, business analysis training and contract management training. In addition to ESI’s more than 100 courses delivered in more than a dozen languages at hundreds of locations worldwide, ESI offers several certificate programs through our educational partner, The George Washington University in Washington, D.C. Founded in 1981, ESI’s worldwide headquarters are in Arlington, VA, USA. To date, ESI’s programs have benefited more than 1.35 million professionals worldwide. For more information visit www.esi-intl.com.
# # #