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.
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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