Description: Business Requirements are the needs and expectations of stakeholders that must be met by a project. These requirements are fundamental to guide the development and implementation of technological solutions, ensuring that the final product meets the strategic goals of the organization. In the context of technology projects and software development, business requirements help align the development team’s efforts with customer expectations and market needs. They are characterized by being specific, measurable, achievable, relevant, and time-bound (SMART), allowing for a clear assessment of their fulfillment. The identification and documentation of these requirements is a collaborative process involving various stakeholders, including managers, end-users, and developers. This ensures that all perspectives are considered and that the final outcome is not only technically sound but also valuable from a business standpoint. Effective management of business requirements is crucial to minimize risks, optimize resources, and maximize return on investment in technology projects, which in turn contributes to the overall success of the organization.
