Document Type

Closed Project

Publication Date

Fall 2008


Jean-Claude Balland

Course Title

Technology Marketing

Course Number

EMGT 555


For organizations developing complex software products, clear understanding of customer needs and managing those requirements to deliver a product matching customer expectations has been a great challenge. Studies have shown that 66% of the failed software projects are caused by missed or poorly defined requirements. The relative cost of fixing such mistakes grows exponentially as the project matures. On an average 10-25% of time is spent each week dealing with changes to requirements.


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