This Tool study is a great resource if your company is looking to implement an RM tool for the first time.
But what about if your company already has an RM tool in place or has multiple that you need to decide between? The tool study report doesn’t really address how a company can look at their current tool or tools to see how they compare and if they would meet the needs of the company. You could, of course, just take the total scores and ask which one is higher or how your tool’s score ranks, but that doesn’t necessarily mean that the tool you have in place wouldn’t be “good enough” for your company’s purposes.
So, what does it mean for an RM tool to be “good enough.” Well that depends. It depends on what your requirements methodology emphasizes and what is important to ensuring you minimize the risks to your projects through the use of the tool.
Because “good enough” varies from company to company, I took our RM tool study and categorized each of the 200+ criteria into one of ten categories, or features. With these features, I then created a capabilities dashboard that shows a heat map of how each of the top 21 tools fared in the 10 features as a percentage of the total points available in that feature. With this view, you can either find or add your RM tool and see how it compares in specific categories to the other tools we evaluated to determine if the tool you have is “good enough” for your process.
The 10 features are:
With this view, you can add one more dimension to your RM tool quest and maybe answer the question of “Is our RM tool good enough?” If the answer is yes, you have the heat map to socialize that message and if the answer is no, you can use this to help build the case for a new RM tool.
Credit: Candase Hokanson
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