Notes from the BABOK 2.0 Launch Webcast

Kevin and Julian did a nice job with the presentation today and answered a lot of questions. I am glad I attended. Maybe it’s my inner geek coming to the surface, but I was really pretty excited by some of the ideas IIBA is working on and about the new and improved body of knowledge.

Here are a few notes I jotted down while listening that I thought my readers might find interesting.

What's the value of good requirements?

Numerous professional studies have shown that poorly understood software requirements are the number one cause of schedule and budget overruns and ultimately project failure. Studies have also shown that the earlier in the SDLC that scope is understood, and defects averted, the greater the cost efficiency of the project. In fact, the cost of fixing errors in the requirements phase is only 1% to 5% of the cost to fix bugs in later phases of the lifecycle (1). It has been said that $1 spent on developing thorough, clear and concise requirements technology, processes, procedures, templates and standards is worth […]