![]() ![]() According to the Business Analysis Body of Knowledge (BABOK) definition, requirements are a usable representation of a need.Ĭreating requirements is a complex task as it includes a set of processes such as elicitation, analysis, specification, validation, and management. High-quality, detailed requirements also help mitigate financial risks and keep the project on a schedule. They establish a formal agreement between a client and a provider that they are both working to reach the same goal. ![]()
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