PMI

Evaluate product options and capabilities by using decision-making and valuation techniques in order to determine which requirements are accepted, deferred, or rejected.

Define escalation paths and thresholds

Reconcile performance data & reports from risk relevant work packages

Allocate accepted or deferred requirements by balancing scope schedule, budget, and resource constraints with the value proposition using prioritization, dependency analysis, and decision-making tools and techniques in order to create a requirements baseline.

Manage project issues

Analyze data to determine the completion status against the baseline

Obtain sign-off on requirements baseline using decision-making techniques in order to facilitate stakeholder consensus and achieve stakeholder approval.

Recognize when a risk becomes an issue

Perform a variance analysis

Write requirements specifications using process (such as use cases, user stories), data, and interface details in order to communicate requirements that are measurable and actionable (that is, suitable for development).

Attack the issue with the optimal action to achieve project success

Monitor impact against overall project risk exposure to enterprise

Validate requirements using tools and techniques such as documentation review, prototypes, demos, and other validation methods in order to ensure requirements are complete, accurate and aligned with goals, objectives, and value proposition.

Collaborate with relevant stakeholders on the approach to resolve the issues

Monitor residual & secondary risks

Elaborate and specify detailed metrics and acceptance criteria using measurement tools and techniques for use in evaluating whether the solution meets requirements.