A content management system (CMS) for computer software provides automatic notification and correlation of changes in a design document with corresponding code, and provides automatic notification and correlation of changes in the code with one or more corresponding design documents. Traceability rules are defined that correlate which portions of the code correspond to which portions of the design document. A traceability update policy governs whether interested parties are notified of a change to either the design document or the corresponding code, and whether the change to one causes an automatic update to the other. The result is a content management system that helps keep the code and corresponding design documents consistent with each other so the system has accurate and consistent information at all times.