Which of the following is a benefit of managing requirements effectively?

Managing requirements effectively leads to better alignment of deliverables. This benefit is crucial in the business analysis process because clearly defined and well-managed requirements ensure that what is developed meets the actual needs of stakeholders. When requirements are aligned with the project's objectives, it reduces the risk of misunderstandings and scope creep, ultimately leading to outputs that fulfill expectations.

Effective requirement management also fosters clearer communication among stakeholders, project managers, and developers, ensuring everyone is on the same page regarding what the deliverables should achieve. This clarity can lead to more efficient development processes, as teams are better equipped to create solutions that are directly tied to the articulated needs and goals, enhancing overall project success and stakeholder satisfaction.

In contrast, the other options suggest negative outcomes or reductions in essential project aspects — increased costs, minimized stakeholder involvement, and shortened durations can lead to inefficiencies and misalignments in a project.