What is an impact analysis in requirements management?

Impact analysis in requirements management is a crucial process that evaluates how changes to a requirement or set of requirements will affect various aspects of a project. This involves looking at the implications changes may have on project scope, schedule, resources, quality, and risks. By assessing the potential ramifications of modifications, stakeholders can make informed decisions about whether to proceed with the changes, ensuring that the project remains aligned with its goals and objectives.

This process helps teams understand not only the direct consequences of a change but also any cascading effects it may cause across other requirements, tasks, and stakeholders. By identifying these impacts early on, project managers and business analysts can effectively plan for adjustments to timelines, resource allocation, and budget, thereby minimizing disruptions and optimizing project outcomes.

Other options do not encapsulate the full scope of impact analysis in requirements management. For instance, assessing market reaction pertains more to marketing and sales aspects rather than the internal dynamics of requirement changes. Mapping team member contributions and listing completed requirements focus on project management and documentation rather than the analysis of changes and their ripple effects within the project's framework.