Sample brd document for it project

Loan Origination Process

You are BA for an organization XYZ who have products for BPM (Business Process Management) and Document Management System to enable business process improvement for customer – MIT Bank.

MIT Bank wants to automate their loan origination process.

Create BRD for this project using the discussed BRD Template.

Basic flow with stakeholder’s role at each step

S. No

Stakeholder

Work items

Description

1

Branch Officer

Customer onboarding

Customer visits branch and ask for loan and fills application for reqd product, amount etc

2

Branch manager

Proposal maker

Credit Checks and application check

3

Credit recommender

Underwriting

See customer financial details and ability to pay loan

4

Credit approver

Approval, Pricing

Approves loan, amount, interest

5

Loan processing officer

Sanction, Documentation

Sanction loan and sanction letter, ask customer to sign document and deposit all pending documents

6

Disbursement Officer

Disbursement

Final Loan disbursed to customer

Optional

Field Investigation, Valuation, Legal etc.

As per knowledge

BRD Template: -

BRD Template.docx

Project Name

Version:

Business Requirements Document

Date:

BRD

Project Name
Business Requirements Document
Version
Company Logo

Revision History
Date

Version

Description

Author

Dd/mm/yyyy

<0.1>

First Draft

Name

Table of Contents
1. Introduction 4

1.1 References 4

1.2 Business Requirements Index 4

2. Gap Analysis 4

2.1 As-Is Process 4

2.2 To-Be Process 4

2.3 Strategy or project approach to be followed 4

3. Product Overview 4

3.1 Solution Scope 4

3.2 Assumptions and Dependencies 5

4. Requirements (Detailed) 5

5. Non-Functional Requirements 6

Business Requirements Document
Introduction
The purpose of this document is to collect, analyze, and define high-level needs and features of the AP Exception Handling project. It focuses on the capabilities needed by the stakeholders and the target users, and why these needs exist. The details of how the AP Exception Handlingproject fulfills these needs are detailed in the use-case and software requirements specifications.

References
Type

Name

Source

Input

Non-artifact resource

Non-artifact resource

Business Requirements Index
ID

Short Description

BR001

BR002

BR003

BR005

BR006

BR007

BR009

Gap Analysis
As-Is Process
Detail about as-is process and current shortcoming or what is reason to have this project.

As-is process flow

To-Be Process
To be process and complete UML diagram or process flow or process modeling diagram. This is very important

Strategy or project approach to be followed
………………………………………..

Product Overview
Solution Scope
Scope of Project

Ideally, this will be represented as a set of high-level bullet points that correspond to high level requirements.

Each bullet Requirement here will or should have a corresponding set of detailed Requirements elsewhere within or outside the document.

As the name implies, Out of Scope sub-section explains what NOT will be delivered by this project, and (usually) why. This is important to manage expectations of your stakeholders (assumptions about scope are, as you will be aware, a major source of heartburn during implementation sign-off).

On Agile projects, high level requirements usually correspond to Epics and the big User stories that make up these epics.

For most non-project stakeholders, the Overview and Scope sections provide sufficient information about the project, so it is important to be both concise and precise at the same time.

Assumptions and Dependencies
Type

Description

Assumption

Dependency

Deliverables

Risks & Constraints

Requirements (Detailed)
ID

Requirement

BR001

Login screen

BR002

Customer details

Document the requirements that your Business Sponsor or Product Owner need to be delivered by this project/initiative. Requirements can be classified under several headers – the internet provides a variety of responses for the search string ‘types of requirements. What we need is a standard format that you can use to document all requirements.

A cookie cutter format for documenting requirements would be:

· Index – can start from 1, 2, 3… for high level requirements and go on to 5.1, 5.2, 5.1.1, 5.1.2 and so on for lower level requirements. You can apply such numbering conventions to Agile user stories

· Title Description – brief description of the high-level requirement.

User story 1

Br0001

Statement

Details

Acceptan

High / mme

· Detailed Description – self-explanatory. User stories in the form of ‘As a customer, I can… so that…’ fit here.

· Owner – usually the Business Sponsor or the Product Owner. Can also be stakeholders like IT, Marketing, Legal, Compliance etc. depending on the requirement.

· Priority – High, Medium, Low (or a variation of this)or number 1 to 9. 1 means most imp

Non-Functional Requirements
Usually, Non Functional Requirements (NFRs) find their own section in a Requirements Document template. If you are familiar with this topic, you’ve heard about Performance, Reliability, Scalability, Maintainability etc.

Why do they have their own sections? This is because NFRs are often stated in measurable terms, and hence need to be stated differently to other requirements.

For example: when a customer logs on to the mobile app, logon should complete and dashboard should load in less than 2 seconds; the system should never go offline, except for scheduled maintenance periods, etc.