How are requirements categorized in LCM?

In the context of Requirements Life Cycle Management, requirements are categorized into several distinct groups to ensure clarity and comprehensiveness in requirements gathering and management. The correct categorization includes business requirements, stakeholder requirements, solution requirements, transition requirements, and project requirements.

Business requirements outline the high-level needs of an organization and describe what the organization aims to achieve. Stakeholder requirements capture the specific needs of individuals or groups with a vested interest in the project, ensuring that the perspectives of those affected are considered. Solution requirements specify the functionalities and features that must be realized in order to meet stakeholder needs and achieve business goals. Transition requirements define the conditions that must be fulfilled to deploy a solution effectively, while project requirements tie the overall initiative to specific tasks and resources needed for successful execution.

Categorizing requirements this way makes it easier for business analysts and stakeholders to address the different facets of a project, enhance communication among team members, and ensure that all needs are met throughout the life cycle of the project. This comprehensive approach supports traceability and validation, improving the likelihood of a successful outcome.