Section: Volume E
Explanation:
5.1.3.2 Requirements Management Plan
The requirements management plan is a component of the project management plan that describes how requirements will be analyzed, documented, and managed. The phase-to-phase relationship, described in Section 2.4.2.1, strongly influences how requirements are managed. The project manager chooses the most effective relationship for the project and documents this approach in the requirements management plan. Many of the requirements management plan components are based on that relationship.
Components of the requirements management plan can include, but are not limited to:
* How requirements activities will be planned, tracked, and reported;
* Configuration management activities such as: how changes to the product will be initiated, how impacts will be analyzed, how they will be traced, tracked, and reported, as well as the authorization levels required to approve these changes;
* Requirements prioritization process;
* Product metrics that will be used and the rationale for using them; and
* Traceability structure to reflect which requirement attributes will be captured on the traceability matrix.

Section: Volume E

Section: Volume E
Explanation:
Process: 11.1 Plan Risk Management
Definition: The process of defining how to conduct risk management activities for a project.
Key Benefit: The key benefit of this process is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization. The risk management plan is vital to communicate with and obtain agreement and support from all stakeholders to ensure the risk management process is supported and performed effectively over the project life cycle.
Inputs
1. Project management plan
2. Project charter
3. Stakeholder register
4. Enterprise environmental factors
5. Organizational process assets
Tools & Techniques
1. Analytical techniques
2. Expert judgment
3. Meetings
Outputs
Risk management plan