The table below looks at the statistics for Requirements Management skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Requirements Management over the 3 months to 10 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
10 Feb 2016
Same period 2015 Same period 2014
Requirements Management
Rank 147 178 193
Rank change year-on-year
+31 +15
Contract jobs citing Requirements Management 6 10 13
As % of all contract IT jobs located in the City of London 0.19% 0.19% 0.22%
As % of the Processes & Methodologies category 0.23% 0.24% 0.27%
Number of daily rates quoted 3 8 12
Average daily rate £488 £504 £500
Average daily rate % change year-on-year
-3.27% +0.80%
90% offered a daily rate of more than £430 £328 £426
10% offered a daily rate of more than £498 £625 £650
UK excluding London average daily rate £403 £375 £370
% change year-on-year
+7.33% +1.35%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £42.16 £40.00 £37.15
% change year-on-year
+5.38% +7.67%
Requirements Management
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2644 4159 4730
As % of all contract IT jobs located in the City of London 84.04% 80.90% 79.44%
Number of daily rates quoted 2091 3247 3422
Average daily rate £488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £325 £318 £293
10% offered a daily rate of more than £625 £613 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 30 36 51
Average hourly rate £24.00 £23.10 £27.25
Average hourly rate % change year-on-year
+3.91% -15.24%
90% offered a hourly rate of more than £13.00 £12.50 £16.50
10% offered a hourly rate of more than £53.00 £45.50 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Requirements Management
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Requirements Management across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Requirements Management Jobs Demand Trend in the City of London

Requirements Management
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Requirements Management across the City of London region.

Requirements Management Daily Rate Trend in the City of London

Requirements Management
Top 30 Related IT Skills in the City of London

For the 6 months to 10 February 2016, IT contractor jobs across the City of London region citing Requirements Management also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Requirements Management.

1 5 (38.46%) Agile Software Development
1 5 (38.46%) Business Analysis
2 4 (30.77%) Project Management
3 3 (23.08%) Legal
3 3 (23.08%) Validation
3 3 (23.08%) MS Excel
3 3 (23.08%) Banking
3 3 (23.08%) Process Improvement
3 3 (23.08%) Analytical Skills
4 2 (15.38%) Dodd-Frank
4 2 (15.38%) Business Transformation
4 2 (15.38%) MS PowerPoint
4 2 (15.38%) Data Management
4 2 (15.38%) Zachman Framework
4 2 (15.38%) TOGAF
4 2 (15.38%) Scrum
4 2 (15.38%) Fixed Income
4 2 (15.38%) Finance
4 2 (15.38%) Systems Analysis
4 2 (15.38%) Use Case
4 2 (15.38%) DSDM
4 2 (15.38%) Foreign Exchange (FX)
4 2 (15.38%) MS Project
4 2 (15.38%) Stakeholder Management
4 2 (15.38%) Intranet
5 1 (7.69%) CMS
5 1 (7.69%) Change Management
5 1 (7.69%) Back Office
5 1 (7.69%) Telecoms
5 1 (7.69%) Practice Management

Requirements Management
Top Related IT Skills in the City of London by Category

For the 6 months to 10 February 2016, IT contractor jobs across the City of London region citing Requirements Management also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Requirements Management. Up to 20 skills are shown per category.

Application Platforms
1 1 (7.69%) CMS
Applications
1 3 (23.08%) MS Excel
2 2 (15.38%) MS PowerPoint
2 2 (15.38%) MS Project
3 1 (7.69%) MS Office
Communications & Networking
1 2 (15.38%) Intranet
Database & Business Intelligence
1 1 (7.69%) RDBMS
1 1 (7.69%) Relational Database
1 1 (7.69%) SQL Server
Development Applications
1 1 (7.69%) RequisitePro
General
1 3 (23.08%) Banking
1 3 (23.08%) Legal
2 2 (15.38%) Finance
3 1 (7.69%) Back Office
3 1 (7.69%) Investment Banking
3 1 (7.69%) Law
3 1 (7.69%) Telecoms
Job Titles
1 7 (53.85%) Analyst
2 6 (46.15%) Business Analyst
3 2 (15.38%) Architect
3 2 (15.38%) Project Manager
4 1 (7.69%) Business IT Analyst
4 1 (7.69%) Business Systems Analyst
4 1 (7.69%) Digital Project Manager
4 1 (7.69%) Engineering Manager
4 1 (7.69%) IT Analyst
4 1 (7.69%) IT Business Analyst
4 1 (7.69%) Legal Analyst
4 1 (7.69%) Pricing Analyst
4 1 (7.69%) Regulatory Business Analyst
4 1 (7.69%) Research Analyst
4 1 (7.69%) Senior Analyst
4 1 (7.69%) Senior Business Analyst
4 1 (7.69%) Service Analyst
4 1 (7.69%) Solutions Architect
4 1 (7.69%) Systems Analyst
4 1 (7.69%) User Researcher
Miscellaneous
1 3 (23.08%) Analytical Skills
2 2 (15.38%) Fixed Income
2 2 (15.38%) Foreign Exchange (FX)
3 1 (7.69%) Client/Server
3 1 (7.69%) Derivative
3 1 (7.69%) DTCC
3 1 (7.69%) Market Risk
3 1 (7.69%) N-Tier
3 1 (7.69%) PDA
3 1 (7.69%) User Experience
Operating Systems
1 1 (7.69%) Windows
1 1 (7.69%) Windows 7
1 1 (7.69%) Windows 8
Processes & Methodologies
1 5 (38.46%) Agile Software Development
1 5 (38.46%) Business Analysis
2 4 (30.77%) Project Management
3 3 (23.08%) Process Improvement
3 3 (23.08%) Validation
4 2 (15.38%) Business Transformation
4 2 (15.38%) Data Management
4 2 (15.38%) DSDM
4 2 (15.38%) Scrum
4 2 (15.38%) Stakeholder Management
4 2 (15.38%) Systems Analysis
4 2 (15.38%) TOGAF
4 2 (15.38%) Use Case
4 2 (15.38%) Zachman Framework
5 1 (7.69%) Document Management
5 1 (7.69%) Electronic Trading
5 1 (7.69%) Enterprise Architecture
5 1 (7.69%) ERD
5 1 (7.69%) Performance Management
5 1 (7.69%) Time Management
Qualifications
1 1 (7.69%) Degree
1 1 (7.69%) DV Cleared
1 1 (7.69%) Security Cleared
Quality Assurance & Compliance
1 2 (15.38%) Dodd-Frank
2 1 (7.69%) Data Quality
2 1 (7.69%) EMIR
2 1 (7.69%) MiFID
2 1 (7.69%) QA
Vendors
1 1 (7.69%) IBM