The Data Don't Lie
2 likes2,544 views
The document emphasizes the importance of modern requirements management (MRM) for embedded systems teams, citing that poor requirements management leads to significant project failures and increased costs. It notes that low-performing companies may waste nearly ten times more on projects due to inadequate management, and highlights the inefficiencies caused by using general document tools. Jama Software is presented as a solution that enhances collaboration, traceability, and aligns efforts with strategic business goals for efficient product development.
The Data Don't Lie
- 1. 2015 © Jama Software, Inc www.jamasoftware.com Try Jama for Free Request a Quote Ask a Question Schedule a Demo Call Us Direct: 503.922.1058 Leading technology analysts crunch the numbers to explain why embedded systems teams must adopt MRM or get left behind. Modern Requirements Management (MRM):
- 2. 2015 © Jama Software, Inc www.jamasoftware.com Try Jama for Free Request a Quote Ask a Question Schedule a Demo Call Us Direct: 503.922.1058 “When companies cite poor communication as the cause of project failure, 75 percent of the time it’s due to inadequate requirements management. Result: 47 percent of unsuccessful projects fail to meet goals due to poor requirements management.” - PMI, “Pulse of Profession, Requirements Management, A Core Competency for Project and Program Success” 2014 - VDC Research, “The Global Market for Requirements Management/Definition Tools” 2014 - PMI, “Pulse of Profession, Requirements Management, A Core Competency for Project and Program Success” 2014 - PMI, “Pulse of Profession, Requirements Management, A Core Competency for Project and Program Success” 2014- PMI, “Pulse of Profession, Requirements Management, A Core Competency for Project and Program Success” 2014
- 3. 2015 © Jama Software, Inc www.jamasoftware.com Try Jama for Free Request a Quote Ask a Question Schedule a Demo Call Us Direct: 503.922.1058 “Low-performing companies waste almost 10 times more money on projects and programs due to poor requirements management than their high-performing counterparts—about 10 percent of every dollar spent compared to 1 percent.” - PMI, “Pulse of Profession, Requirements Management, A Core Competency for Project and Program Success” 2014 - VDC Research, “The Global Market for Requirements Management/Definition Tools” 2014 - PMI, “Pulse of Profession, Requirements Management, a Core Competency for Project and Program Success” 2014 - VDC Research, “The Global Market for Requirements Management/Definition Tools” 2014 - PMI, “Pulse of Profession, Requirements Management, A Core Competency for Project and Program Success” 2014
- 4. 2015 © Jama Software, Inc www.jamasoftware.com Try Jama for Free Request a Quote Ask a Question Schedule a Demo Call Us Direct: 503.922.1058 “40-50 percent of companies use general document tools which lead to poorly managed requirements, thus eliminating and exceeding any benefit the tools themselves have. Requirements end up captured in a variety of documents and spreadsheets supplemented by post-it notes with no traceability or reuse.” - Gartner, “Market Guide for Software Requirement Definition and Management Solutions” 2014 - Gartner, “Market Guide for Software Requirement Definition and Management Solutions” 2014 - VDC Research, “The Global Market for Requirements Management/Definition Tools” 2014 - SiriusDecisions, “Product Management Field Guide” 2015
- 5. 2015 © Jama Software, Inc www.jamasoftware.com Try Jama for Free Request a Quote Ask a Question Schedule a Demo Call Us Direct: 503.922.1058 -VDC Research, “The Global Market for Requirements Management/Definition Tools” 2014 - Forrester Reports, "How Can You Scale Your Agile Adoption?" 2014 “Traditional requirements solutions focused on management functionality have limited adoption for highly complex systems. New tools and practices emphasizing collaboration and definition reinvigorate the market along with evolving practices such as Agile.” - Gartner, “Market Guide for Software Requirements Definition and Management Solutions” 2014
- 6. 2015 © Jama Software, Inc www.jamasoftware.com Try Jama for Free Request a Quote Ask a Question Schedule a Demo Call Us Direct: 503.922.1058 Align every task around strategic business goals. Communicate changes, choices and context for each required action. Trace each response back to its rationale. Facilitate the flow and visibility of work. In one intuitive platform, Jama provides modern requirements engineering and management, traceability, shared reviews and approvals, and context for every decision to ensure business and engineering alignment, multi-team collaboration, hassle-free communication and faster, more efficient product development. Grow, evolve and profit with Jama. Companies have used Jama to build complex life- and economy-critical products, systems and services. Some include: The # of companies providing a MRM system of record & action Of the Top 10 federal government contractors use Jama The # of seconds it takes to contact us online or call 503.922.1058