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This lecture covers the history and definitions of Systems Engineering, emphasizing the importance of requirements in system design. It explores the 'V-Model' of Systems Engineering, life cycles of space projects, SE standards, and the challenges of current SE practices. The lecture delves into the concept of operations, hierarchical requirements, verification, validation, and the architecture of systems. It also discusses the complexities of requirements definition, monitoring, and capture, as well as the common problems encountered in requirements writing. The session concludes with a summary highlighting the significance of stakeholder analysis, the 'V-Model' approach, SE standards, the importance of good requirements, and the challenges faced in Systems Engineering.