What should a business requirements document include?
Your business requirements document template should provide detail about your project, but it should also be concise. The goal of the BRD is to give readers the most information in the least amount of words.
Many people may read a BRD, including stakeholders involved in the project, executives you need approval from, and clients influenced by the end results. Learn more about each component to include in your template below.
1. Executive summary
The executive summary is a high-level statement outlining what your project is and its purpose. Those who don’t have time to read the BRD in its entirety should understand what you plan to accomplish by reading your executive summary.
Even though your executive summary is the first thing in your BRD, you should actually only write it after writing the other sections. That way, you can review everything and ensure you’ve created a comprehensive opening statement. Read: How to write an executive summary, with examples
2. Project objectives
Your project objectives are the business goals you want to achieve by putting your project into action. It’s important to state your project objectives before kicking off any work so you can use them to measure your progress.
List your project objectives as SMART goals to ensure that they’re:
- Specific
- Measurable
- Achievable
- Relevant
- Time-specific
Measuring your project objectives can help determine whether you need to adjust your workflow to better meet your goals. For example, if one of your objectives was to increase your customer base by 10% by the end of the quarter, you can look at your numbers when the quarter ends and clearly see whether you hit your goal or not. You can then look at the actions you took along the way and determine the reasons why you may have fallen short.
3. Project scope
Your project scope communicates the boundaries of your project on your business requirements document. By defining your project scope, you’ll keep everyone on the same page and prevent scope creep, which is when your project expands outside of the boundaries you set for it and becomes hard to control.
Details to outline in your project scope include:
- Timeline
- Budget
- Deliverables
- Project requirements
- Project team
You can also make a list of project exclusions—or things you specifically want to leave out of your project—like business processes or risky strategies you want others to avoid when they’re working on the project.
4. Business requirements
The business requirements are the meat of your BRD template. In this section, you’ll list the actions required to accomplish your project. Depending on the project complexity, this list may be just a few items or it may be extensive.
In addition to listing your requirements and describing them, rank them by priority and assign each item a level of importance based on how critical they are. This will help others understand which requirements they need to complete first.
If one of your requirements is to code a website, you may assign this task as a number one priority. You can also label this task as highly critical because, without coding your website, you won’t have a foundation to complete other business requirements.
5. Key stakeholders
Project stakeholders include anyone with an interest in your project. These are likely the people who will read your BRD template to understand what the project is about. Your key stakeholders may be:
- Team members working on the project
- Project managers leading the project
- Executives approving the project
- Clients influenced by the finished project
In this section, list the names and job roles of each stakeholder and describe their duty in relation to the project. This section will give everyone clarity on who else is involved and can improve team communication.Read: What is a project stakeholder analysis and why is it important?
6. Project constraints
You likely presented an overview of your project constraints within your project scope, but here, you’ll explain these boundaries in more detail. When the reader reviews this section, they should see the shape of the project and its limits.
Project constraints may include:
- Project risks
- Team availability
- Resources
- Project dependencies
- Deadlines
- Project budget
Project constraints help stakeholders visualize the complexity of the project and how easy it will be to achieve project objectives. Anyone involved in the project should first review the project constraints.
7. Cost-benefit analysis
Ending your business requirements document with a cost-benefit analysis is a strategic move. If you’re using your BRD to get approval for your project, this section may be the deciding factor. Clients and executives care about the project objective, but if you can’t prove that you’ll make a profit, then all is lost.
To create a cost-benefit analysis:
- Describe all the costs associated with your project
- Explain the associated benefits
- Write the total expected cost of your project
- Estimate the expected ROI by subtracting your estimated costs from your estimated income
Business requirements document template (and example)
Here, you’ll see an example of a business requirements document template. This example is for a tech company’s initiative to start a marketing blog. In the document, the project manager explains what the project is and its purpose. She also outlines the project objectives and the project scope to avoid the risk of scope creep.
As the BRD continues, the project manager lists the business requirements—the actions needed to complete the project. Other listed items are the stakeholders involved in the project, the project constraints, and the cost-benefit analysis.