How is the difference between a Business Requirement and Functional Requirement?

Research a scholarly paper on “Gathering Requirements” and reflect on “Business vs Functional”: How is the difference between a Business Requirement and Functional Requirement?

Must use scholarly peer reviewed paper. Reference reference must include the URL/DOI, APA-7 cited
2 + pages

KEY TAKEAWAYS BEFORE ATTEMPTING THIS ASSIGNMENT

The purpose of this essay is to explore the differences between business and functional requirements, analyze the benefits of gathering requirements from a business versus functional perspective, and examine the impact of failing to differentiate between the two. By understanding the distinction between business and functional requirements, organizations can better define their strategic objectives and ensure that their projects are appropriately planned and executed. Furthermore, analyzing the benefits of gathering requirements from a business versus functional perspective can help organizations maximize the effectiveness of their projects. Finally, understanding the consequences of
Understanding the distinction between business and functional requirements is essential for successful software development. Business requirements are the needs of the business that the software is intended to address. These needs can involve any area of the business, such as financial, marketing, operations, or customer service. Functional requirements establish the specific behaviors and features that the software should exhibit. This distinction is important because it helps to ensure that the software is designed to meet the actual needs of the business (Chung & do Prado Leite, 2009). For example, if the business’s primary goal is to increase customer service, the software should be designed to improve customer service, rather than just providing a list of features. By understanding the difference between the two, developers can create software that meets the needs of the business and achieves the desired outcomes.
The benefits of gathering requirements from a business perspective versus a functional perspective have been analyzed in the 1993 Carnegie-Rochester Conference Series on Public Policy paper by RC Merton and Z Bodie. This paper suggests that when gathering requirements from a business perspective, the objectives of the organization should be taken into account. Doing so allows for the development of a plan that is tailored to the organization’s goals. On the other hand, gathering requirements from a functional perspective would involve an analysis of how the project will be carried out in terms of its activities and processes. This allows for a more detailed and organized plan that can be used to ensure that the project is successful. Furthermore, the paper suggests that both perspectives should be taken into account when planning and executing a project in order to maximize efficiency. By taking into account both perspectives, the organization can ensure that the project meets its objectives and is successful. Overall, this paper highlights the importance of understanding both perspectives when gathering requirements for a project.
The authors of this paper, L Chung, BA Nixon, E Yu, and J Mylopoulos, explore the impact of failing to differentiate between business and functional requirements. They identify two types of requirements: business requirements and functional requirements. Business requirements are related to the purpose of the system and describe the system’s capabilities, while functional requirements are related to the implementation of those capabilities and describe how the system should be designed and built. Failing to differentiate between these two types of requirements can lead to a variety of problems. For example, the authors note that this can cause confusion during the development process, resulting in an increased risk of errors and an increased cost of development. Additionally, it can cause delays in the system’s development and implementation, and it can lead to systems not meeting the needs of stakeholders and users. Thus, it is important for organizations to understand the differences between business and functional requirements and to differentiate between them in order to create successful systems. (Chung et al., 2012).
From the gathered research, it is clear that business requirements, in general, define what an organization’s needs are and why, while functional requirements define how the organization can potentially meet their needs. A business requirement, for example, might be to increase a company’s market share, while a functional requirement could entail creating and implementing a new marketing strategy to achieve this goal. It is important to note that, while closely related, business and functional requirements serve different goals and must be thoughtfully approached to effectively reach a desirable outcome.
Work Cited
Z Bodie.”Deposit insurance reform: a functional approach.”https://www.sciencedirect.com/science/article/pii/016722319390014N
L Chung., JCS do Prado Leite.”On non-functional requirements in software engineering.”https://link.springer.com/chapter/10.1007/978-3-642-02463-4_19
L Chung., E Yu., J Mylopoulos.”Non-functional requirements in software engineering.”https://books.google.com/books?hl=en&lr=&id=MNrcBwAAQBAJ&oi=fnd&pg=PR15&dq=3.+Examining+the+Impact+of+Failing+to+Differentiate+between+Business+and+Functional+Requirements&ots=g2KjAarQdO&sig=eMoHHpscjL5AJHpqJZRevHR_s5M
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