What is the definition of warranty in product requirements?

The definition of warranty in product requirements primarily refers to "fit for use," which encompasses attributes like reliability and performance. This concept is crucial as it ensures that a product not only meets design specifications but is also dependable and performs its intended functions effectively. Warranty essentially assures stakeholders that the product will consistently operate under specified conditions and deliver value over its expected lifecycle.

In terms of product requirements, warranty assures that users can depend on the product's durability, availability, and the overall experience of using it. This builds trust and satisfaction among users, as they expect a certain level of quality and performance from the product they are utilizing.

By focusing on reliability and performance, warranty goes beyond mere compliance with design or aesthetic standards, ensuring that users receive a product that meets their practical needs and operational requirements. This understanding aligns closely with stakeholder expectations, making it a vital part of product development and management within the ITIL framework.