Effects of Digitalization on Product Development

Digitization has a significant impact on existing processes in the company, regardless of the industry in which the company operates. An effective and efficient management system has become almost unthinkable today without the use of modern technologies and software. The product development process is also being modernized and certain specific features are being added. The development methods make it possible to make the work on the project efficient and ensure the satisfaction of the customers. Learn more about, how requirements management benefits from good software solutions in more detail here.

Effects of Digitalization on Product Development

Digital Requirements Management: How Companies Manage Challenges and Specifications

Requirements management, also known as  RM, is not unfoundedly derived from the word "requirement". It is about controlling and managing the requirements of the final product. This is achieved by developing and implementing an appropriate strategy. The requirements relate to various fields of activity and are for example placed on risk, change and implementation management. In the digital age, the focus is on software development projects in which several people are involved. In order for the software requirements to be met, the people involved must be well informed and coordinate their own work. The use of the right development methods is also related to the fact that the requirements are known and well illustrated in each project phase.

Requirements and how they are met

The requirements for a software solution can be specified within the order process. In many cases these have to be derived from the expectations of the client and taken into account in the product development process. As more and more complex IT solutions have to be found, one person cannot take over the whole project. The roles in the project and the responsibilities are distributed by the project manager. The right product, with which the customer will be satisfied, is the result of the right development methods and the realized functions within the software solution. For it to work this way, each team member must understand the requirements exactly. As the requirements are always increasing, good coordination and complexity management is required. This task can be performed by software that has been developed for use in such projects.

The role of requirements management in projects

The requirements are particularly important in information technology, but the term can nevertheless be applied to almost any product development process. Whether for an IT solution or for any other product that the company develops, it must meet certain requirements. Managing these requirements is important at various stages:

  • The requirements must be understood or formulated first. It is relevant to analyze the customer benefit and to outline the path to customer satisfaction.
  • A strategy for the realization of the project has to be developed taking into account the requirements. For IT projects, this step also determines the development methods.
  • Important for a good requirements management are the changes that become necessary during the realization of the project. The correct handling of them can be decisive for the success of the project.
  • Complexity management is also becoming increasingly important for project work. It takes into account the uncertainty of the economic environment and supports project management with necessary planning and statistical methods.

Software for requirements management

The more extensive the project, the more performance is required for management, implementation and control. Were the right development methods used? Were all expectations of the client taken into account? It is not enough to deal with these questions only at the end of the project or in the test phase. Rather, requirements management requires that these issues remain relevant throughout the entire project duration and always influence the development of the final product.

As already emphasized, modern projects tend to become more complex, both in IT and in all other industries. The implementation gets more complex and is associated with ever increasing effort. One solution to this is modern software solutions designed for requirements management in the product development process. The software takes over many tasks and ensures that the project goals as well as the current status are accessible to every team member at any time.

The requirements management software is characterized by its interface. You can always access all necessary information about the project via the web browser. The specifications are listed, which are required for the final product as well as for the individual project steps. It is often also possible to define and access the responsibilities. Of course, the information will be supplemented in the course of the project. Once the team has completed an analysis of the requirements, the results are also entered. Information on development methods can also be entered.

Many tools also allow an interface to project management. This allows the due tasks and deadlines to be entered. The fulfillment is then monitored by the software and stored as statistics. Project planning and accounting is also possible in this way. The complexity management is supported by necessary statistics and possible initial scenarios are added. The complexity management remains focused on the uncertainty, but a goal-oriented handling of the uncertainty is made possible.

The results of the tests are also stored in the database. These can either be entered manually or some software solutions also offer a link to the test environment. In this way the development methods used can be evaluated directly.

A major role in requirements management is played by the changes made by the project team during implementation. The traceability of the corrections is crucial here. It must be traceable at all times what was done and which development methods were used. This is also easier with a tool, since a large part of the work is done by the system.

Using software for more efficiency

Dealing with requirements effectively requires a high level of resource input from management. A good software solution can take over a large amount of work. Regardless of the projects the company is involved in, the digital world has a suitable tool in store. In requirements and project management, programs take on many tasks in the areas of administration, management and control, leaving managers and the project team more focused on content than on organization.