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Explain why the format for capturing requirements is important to the overall success of the project. Why would we consider requirements’ traceability?

Prompt: The goal of this milestone is to delve more deeply into the project planning and project execution areas of project management. As mentioned above,
you are to use the ECO-Trans case study (in MindEdge) to complete this milestone.
Specifically the following critical elements must be addressed:
II. Project Planning
A. Determine the business requirements for the successful development of the project. Justify your choices.
B. Establish who will provide the business requirements. What approach will be used to solicit the requirements from the subject matter experts?
C. Categorize and organize the business requirements in a standard requirements template.
D. Explain why the format for capturing requirements is important to the overall success of the project. Why would we consider requirements’ traceability?
E. Leveraging the business requirements, translate these requirements into a project schedule using project management software through the provided template.
F. Estimate the duration of project tasks using common business knowledge, and assign resources to complete each task.
G. Refine your estimate of the project cost based on the duration of tasks and resources needed.
III. Project Execution
A. Determine the best implementation approach—agile or waterfall project—for the organization based on its organizational structure. Provide examples to support your rationale.
B. Explain how the project schedule can be resource leveled, fast-tracked, or crashed if needed based upon execution results.
C. Propose communication approaches and the frequency that should be used to keep leadership apprised of the project execution. Include
examples to support your claims.

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