Glossary
■ Business vision defines the strategic TO BE state of the organization.
■ Business mission outlines the current AS IS direction of the organization.
■ Business goal is a major milestone supporting the vision and mission.
■ Business Requirements Document (BRD) describes in detail why a project is needed in order to fulfill a business goal, for example, reduce cost, increase revenue, improve efficiency, optimize customer satisfaction, enhance safety, standardize operations, sharpen compliance, etc. The BRD thoroughly documents these requirements, reflects formal approval by key stakeholders, and thereby specifies the deliverables of a project.
■ Business Requirements Work Plan (RWP) outlines the effort and resources needed to ...
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