The next stage after completing the Information Collection is the Requirements' analysis report. We can call it as a description of the ideas in order to meet the purpose for which it develops. We analyze below the definition, the consequences of failing to and the benefits of using this stage.
It is better to prevent than to cure. It is more efficient to create something carefully designed from scratch, rather than fit it afterwards. Best anticipate rather than waiting for the outcome and then do actions. It is better to know what we want. These are largely the basic principles governing the requirements' analysis report. In short terms this analysis is a process of creating a list with the specifications as mentioned before and a project or even a simple task should follow. The list compiled useful both to those who develop it and to those who will finally use it.
Developers, analysts, customers and potential users often underestimate the requirements' analysis report as they do not pay the proper attention. With such a way projects always need improvements or bugs fixing as they are unable to meet the initial goals and objectives. Although actions like improving or fixing are very costly, complex to solve thus time consuming, there are many cases where the only solution require rebuilding it from scratch.
The major benefits of using the requirements' analysis report are organizational, functional and financial, with that order, not by importance but by time sequence. It significantly minimizes the cost of one task or a project and ensures that it will be delivered on time as scheduled using the initial framework under specific standards.