In product development, acquisition and process optimization, a requirement is a singular documented physical and functional need that a particular design, product or process must be able to perform.
It is most commonly used in a formal sense in systems engineering, software engineering, or enterprise engineering.
It is a statement that identifies a necessary attribute, capability, characteristic, or quality of a system for it to have value and utility to a customer, organization, internal user, or other stakeholder.
A requirement specification (often imprecisely referred to as the spec, because there are different sorts of specifications) refers to an explicit set of requirements to be satisfied by a material, design, product, or service. (source: Wikipedia)
Re:Qualify specializes in developing a complete Requirements Engineering (RE) capability including processes, tools, support and training. Our mission is to increase engineering effectiveness and efficiency through Lean/Agile Requirements Engineering. All to reduce project risk, increase system quality and make our customers more successful in meeting their objectives.
Re:Qualify stands for Knowledge Traceability, Reuse and Quality Management