Business Requirement Analysis

What

What is Business Requirement Analysis ?

The business requirement analysis deals with the recognition of your needs by our business requirement analysis. They unambiguously analyze the business requirements through detailed market research and competitor analysis. We emphasize on your requirements and understand the needs of your business to provide customizable solutions through the determination of the stakeholder’s needs and expectations.

The Business Requirement Analysis induces the creation of a Business Requirement Document (BRD). A business requirement document comprises the project's purpose, vision, goals, scope, features, expectations and timeline, assisting us in developing a transparent and well-informed approach with you.

What are Business requirements ?

Business requirements, commonly known as Stakeholder Requirement Specifications (StRS), define the needs of a project from a stakeholder's worldview. The project's requirements are associated with the systems, software, processes and products, which are crucial to meet the needs of the businesses. It also describes the goals, beneficiaries and 'why, when, where' of the project.

Why

Why do we need a Business Requirement Document?

Business Goal:

Defining the literal business goals and problems after a thorough deliberate discussion.

Ideas:

Collation of client’s ideas and views and incorporating them into the analysis

Project Objective:

Understanding the business project’s objectives through detailed analysis

Gathering Insights:

Determining the needs of the stakeholders, gaining information and insights from them

Business Requirement Document Framework

We at Depex work with the clients and stakeholders to generate the Business Requirement Document through deep analysis and research, exploring various business requirements and stakeholder insights.

Identifying the Stakeholders

We identify the business requirements that induce the need to recognize the key decision makers – stakeholders, shareholders, investors, and end users through discussions and interviews. The key members have a significant influence on the project’s decision, indicating their importance in directing the Depex team and revamping the project’s vision.

Determining Stakeholders’ requirements

We collaborate with the stakeholders and place a strong emphasis on capturing their ideas, needs, and individualistic viewpoints to gain insights and add value to the development of your business project.

Classification of the Requirements

Our business professionals compile the requirements from different stakeholders and categorize them based on their nature (technical and non-technical). The categorization of the requirements assists in coming up with relevant solutions, consuming less time and expanding the efficiency of the development process.

Analysing the business requirements

The grouping leads to the analysis of the business requirements – its scope, accessibility, feasibility, and the prioritizing of the needs according to the business project. We underline numerous problems of your business and evaluate them to create a strategy for attaining the solutions.

Documentation – Business Requirement Document (BRD)

Our business analyst and the project managers evaluate the business requirements and generate a Business Requirements Document (BRD), which consists of the project’s non-technical business needs. The BRD documents the scope and expectations, creating a foundation for defining functional requirements and upcoming needs.

Approval of the Business Requirement Document (BRD)

The business requirements document (BRD) evaluated by business analysts is sent to the stakeholders for approval, consisting of the business requirements, ideas, vision, goals, scope, expectations, and timeline, to streamline the development process of the product.

Take a look on how we prepare a BRD to ensure your business’s success

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