Business Requirements Document - BRD

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A Business Requirements Document or BRD describes what the business wants to achieve with a project. It helps to get an agreement between stakeholders on what is expected in detail by communicating to all parties what the solution needs to accomplish to meet the business and customer needs.

There can be a misconception that business requirements are "objectives", whereas they are not. Instead, business requirements support objectives when the requirements are met. Business Requirements are also not Functional Requirements, because those describe "how" things will work to accomplish a business requirement.