What are business requirements?

Business requirements are a vital component of any IT project. Identified at the start of any project, business requirements describe all activities and characteristics of a project’s end product essential to meeting business goals. The process of gathering business requirements leans on the knowledge, expertise and experience of business analysts who help ensure that a project’s overall mission and components align with business goals.

Business requirements vs. functional requirements

Functional requirements are also essential to any project’s success, and too are gathered at the outset of a project. But while business and functional requirements have a shared goal of ensuring end users get everything necessary out of a project’s deliberables, functional requirements are far more granular and precise than business requirements.

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