In a browser-based application for managing investment portfolios, how should requirements be categorized?

Categorizing requirements is essential for effectively managing and understanding the needs of a system, especially in the context of a browser-based application for managing investment portfolios. The chosen response highlights that it is beneficial to begin with a categorization approach, which serves as a foundational step, but acknowledges that these groupings can be refined later as more information is gathered or as the project evolves.

This iterative process is practical because initial categories provide a framework for discussion and organization. By categorizing the requirements from the start, stakeholders can better identify priorities, understand dependencies, and ensure that no crucial aspects are overlooked. Moreover, as the project progresses and feedback is collected, the categorization can be adjusted to reflect a more accurate understanding of user needs and system capabilities. This adaptability is crucial in an environment where requirements may change over time due to evolving market conditions or shifts in user expectations.

For other options, not categorizing requirements can lead to confusion and missed opportunities to ensure comprehensive coverage of the system’s needs. Focusing only on use cases in the first draft would neglect other essential types of requirements, such as non-functional or technical requirements. Finally, while function-based categorization is a useful technique, it may not encompass all necessary perspectives on the requirements needed for a complete understanding of