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Components Of A Business Requirements Document

Components Of A Business Requirements Document

 

In my previous article , I have talked about all that you need to know about business requirements document for a project. In this article , I want to talk about some of the major components of a business requirements document . Follow me as we are going to look at that in this article.

 

Components of a business requirements document

A Business Requirements Document identifies the reasons why a project is being undertaken or which business or opportunity or will address. A well constructed business requirements document should contain a clear statement of he desired business results expected form the project.

 

This statement should have , at the minimum , three key elements:

 

  • The expected business result should be stated in measurable business terms , such as reduced cost, improve cash flow , increase margin and so on.
  • The desired time frame within which the management team calculates potential risks and rewards. This is also known as management horizons. For example, the project should improve cash flow within six.months.
  • The expected cost/benefit or ROI should be declared. For example, the project will

 

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I know you might agree with some of the points that I have raised in this article. You might not agree with some of the issues raised. Let me know your views about the topic discussed. We will appreciate it if you can drop your comment. Thanks in anticipation.

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Adeniyi Salauhttps://cehnigeria.com
I am an IT entusiast and a man of many parts. I am a Certified Digital Marketer, Project Manager and a Real Estate Consultant. I love writing because that what keeps me going. I am running this blog to share what I know with others.

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