Published 31 Jul 2023

The Best Requirements Management Software of 2023

What is a Requirements Management Software?

Requirements management software is a tool businesses use to manage and track project or product development requirements effectively. It allows teams to define, document, and prioritize requirements, track changes and ensure that all stakeholders are aligned throughout the development process. This software is crucial for businesses that want to streamline their requirements gathering and management process, improve communication and collaboration among team members, and ultimately deliver high-quality products or services that meet customer needs.

Benefits

Some of the benefits of using requirements management software include the following:

  • Improves communication and collaboration – It ensures that everyone involved in the project is on the same page and reduces the risk of miscommunication or missed requirements.
  • Ensures traceability and accountability throughout the project lifecycle – It allows businesses to track the progress of each requirement, from its initial gathering to its implementation and validation, making it easier to identify any gaps or inconsistencies.
  • Enables businesses to prioritize and manage requirements effectively – It provides features such as requirement prioritization, dependencies, and impact analysis, which help companies to make informed decisions about which requirements to focus on and how they may affect other aspects of the project.
  • Offers better visibility and reporting capabilities – It provides real-time dashboards, reports, and analytics that help businesses monitor their requirements’ progress, identify bottlenecks, and make data-driven decisions. 

Key Features

Here are some key features to look for in a requirements management tool:

  • Support for different development methodologies
  • Hierarchical organization
  • Collaboration features
  • Integration with other tools or systems
  • Security and permissions

Choosing the Best Requirements Management Software

To help you find the most suitable requirements management software for your business, we have created a table that compares features like free versions, pricing, and mobile app functionality:

Requirements Management Software

Free Version

Paid Plan

Mobile App

SafetyCulture

Yes

$24/user/month*

Yes

SpiraTeam

None

$144.99/month for 3 users

No

Modern Requirements

None

Custom pricing

None

Visure

None

Custom pricing

None

Jama Connect

None

Custom pricing

None

Xebrio

None

$5/month/user

None

Wrike

Yes

$9.80/user/month*

Yes

IRIS Intelligence

None

Custom pricing

None

Accompa

Yes

$199/month for up to 5 users

None

ReqView

None

€390 ($432)/year/user 

None

* billed annually

Robertson Paredes

SafetyCulture staff writer

Rob Paredes

Rob Paredes is a content contributor for SafetyCulture. He is a content writer who also does copy for websites, sales pages, and landing pages. Rob worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade before joining SafetyCulture. He got interested in writing because of the influence of his friends; aside from writing, he has an interest in personal finance, dogs, and collecting Allen Iverson cards.

Rob Paredes is a content contributor for SafetyCulture. He is a content writer who also does copy for websites, sales pages, and landing pages. Rob worked as a financial advisor, a freelance copywriter, and a Network Engineer for more than a decade before joining SafetyCulture. He got interested in writing because of the influence of his friends; aside from writing, he has an interest in personal finance, dogs, and collecting Allen Iverson cards.