The Benefits Realisation Plan formally documents the financial benefits to be gained from a change project...It is one of the two key outputs from the business analysis activity, and is a critical part of the overall project documentation...

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The Business Requirements Specification formally documents the business needs, both existing needs and also the changes that are required in the status quo. It documents WHAT is required, and its primary audience is the designers, who will determine HOW these needs are to be met...

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In documenting the analysis, the Business Analyst requires four key repositories. The first two are final repositories of project information, whilst the second two are working stores. All must be managed and maintained to support communication and minimise risk to the project...

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The Functional Specification (FS or Functional Requirements Specification) is a formal statement of the functions required to be implemented in a specific physical form or technology for a business proposal. It is an intermediate document between the Business Requirements Specification...and the Technical Specification(s)...

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Governance is primarily a project management concern. However, the Business Analyst needs to be aware of the various structures in common use and their relevant functions, so that they can ensure that these structures are in place as required in their project. Otherwise, the analysis is likely to be an expensive failure...

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In the information technology industry, for many years the Business Analyst has been expected to undertake the testing of the outputs. While this is common practice, it poses significant risks to the project, the organisation and to the individual...

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