What does the Requirements Specification document typically include?

The Requirements Specification document primarily serves as a comprehensive reference for the business analysis process, detailing the specific needs and expectations for a project. It includes a thorough outline of requirements which encompasses functional, non-functional, and transition requirements, ensuring that all stakeholder needs are accurately captured and articulated. This document is crucial because it provides a clear understanding of what the stakeholders expect from the project, establishing a foundation that guides further development, design, and testing phases.

By clearly documenting these requirements, the project team can ensure alignment among stakeholders and provide a benchmark against which project success can be measured. The emphasis on a detailed outline is vital, as it helps to avoid misunderstandings and sets clear expectations for what will be delivered.

While other options, such as financial projections, project constraints, and risk analysis, are important components of project management, they are not the primary focus of the Requirements Specification document. Instead, they may be addressed in separate documents or sections of a broader project plan.