What are the potential risks associated with inadequate requirements management?

Inadequate requirements management can lead to significant risks for a project, most notably project delays and increased costs. When requirements are not well-defined or managed, it can result in misunderstandings, scope creep, and misaligned expectations among stakeholders. This often necessitates rework to clarify or amend requirements, which can disrupt the project timeline and consume additional resources. Consequently, these factors can derail the original schedule and lead to unforeseen expenses, undermining the overall project success.

Robust requirements management is essential in preventing these risks, ensuring that all stakeholders have a clear understanding of project goals, and that the team can work efficiently towards them. This proactive approach minimizes confusion, facilitates better planning, and enables teams to deliver projects on time and within budget.

In contrast to this, the other options reflect positive outcomes or neutral impacts that are not typically associated with poor requirements management. Improved stakeholder satisfaction and enhanced team collaboration would generally stem from effective requirements management rather than inadequate practices. Similarly, the notion that there would be no impact on the project outcome overlooks the critical role that requirements play in shaping project success.