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The Requirements Life Cycle Management Tools are primarily designed to assist in recording, managing, and sharing requirements and design artifacts throughout the entire project lifecycle. These tools help ensure that all stakeholders have access to the necessary information regarding requirements, facilitating better communication and collaboration. By maintaining a comprehensive and organized record of evolving requirements, these tools support traceability, allowing teams to track changes and understand the implications of those changes over time.

The focus of Requirements Life Cycle Management is on the requirements themselves, from their inception and specification to their evolution and validation, which is why recording and sharing requirements and designs is integral to project success. This capability is crucial for ensuring that the final product aligns with business needs and stakeholder expectations.