Many CM experts are familiar with the guidance found in the IEEE, ISO, and ANSI/EIA industry standards. But if you want to really accelerate your agile development, it is wise to learn what is involved with implementing such industry standards. Bob Aiello explains the different types of standards and how organizations go about creating them.
Traceability doesn't prevent errors and an audit trail does little to help me to recover from one. Does this mean they aren't valuable CM tools? On the contrary, audit trails and traceability are two of our most important CM tools for learning how to mitigate risk.