Benefits Management Redefined
Business and System Requirements Production
'Defining business requirements and system requirements, removing ambiguity – and clearly defining acceptance criteria'
Having outlined what the program is aiming to achieve and how specific requirements will be delivered, it is necessary to put the detail into a form that can be put out to tender. This involves clearly defining the business requirements.
It is important to note the difference between ‘business requirements’ and ‘system requirements’ that are specified at this phase.
Many different sets of system requirements may be capable of meeting a given set of business requirements. If suppliers are to have maximum opportunity to innovate, and offer differing proposals with potential cost savings then system requirements should only appear in the specification in order to meet mandatory constraints of legacy systems integration, or specific legal obligations.
The key is to find the most effective method of delivery that meets the client's criteria. The Trackpoint solution makes the process of achieving this straight forward and transparent. As a light approach to this problem, Trackpoints method ensures cost effective requirements production and assurance.
At this stage of the process common pitfalls that allow the introduction of exposure and risk are:
Crucially Trackpoint includes acceptance criteria in the requirements definition phase. Having this level of detail before any contract is negotiated identifies how criteria will be measured and allows the supplier to confirm their understanding of those criteria
This in turn enables payment schedules to be laid out against delivery in a non disputable way, allowing for smoother financing and less scope for dispute and litigation
All of which results in a significant saving of cost and time in the longer term as well as a considerable reduction in exposure and risk
Trackpoint Advantage
Clearly defined requirements – and early definition of Acceptance Criteria
Trackpoint Ltd - Making bright ideas work