The Importance of Continuous Value Based Project Management in the Context of Requirements Engineering

Companies continuously increased their IT investments over the last decades. Especially the number and complexity of large IT projects is growing. The complexity is intensified by dependencies within one or between different projects and processes and is boosted even further by the growing number of large projects. Another important influence is the rising uncertainty in an increasingly dynamic project management environment. These developments have implications for IT projects and their success. One of the first steps within IT projects is the definition of the project scope including the business case as well as the projects requirements. In that context, modern software development processes and especially methods of agile software developments allow for the ongoing verification and update of these requirements.