The needs assessment and requirements engineering domains involve tasks that help us fully understand a project's motivation. The functions of this domain include exploring the problem or opportunity and recommending a possible solution and development approach to the problem. From a project perspective, this is a critical stage as we can understand the value a viable solution brings to the customer and identify an appropriate development approach. A business investing resources to develop a solution must be pragmatic about the product development approach. Our research paper presents a framework to aid decision-making within this context. It involves considering attributes such as delivery cadence, risk, degree of innovation, and requirements certainty. Knowledge of the impact of these attributes on project outcomes will help educate engineers to become successful entrepreneurs and product managers.
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