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IIBA. BABOK - The Guide to the Business Analysis Body of Knowledge
Version 2.0 Framework, p.16.

This document is intended to provide an overview of the framework developed for version 2.0 of the Business Analysis Body of Knowledge™ (BABOK™).

Business analysis is the set of tasks and techniques
used to work as a liaison among stakeholders in order to
understand the structure, policies, and operations of an
organization, and recommend solutions that enable the
organization to achieve its goals.

The BABOK is intended to describe and define
business analysis as a discipline, rather than define
the responsibilities of a person with the job title of
business analyst (which may vary significantly between
organizations). Business analysis may be performed by
people with job titles such as systems analyst, process
analyst, project manager, product manager, developer, QA
analyst, business architect, or consultant, among others.

A solution meets a business need, by solving problems
or allowing the organization to take advantage of an
opportunity. A solution can be subdivided into components,
including the information systems that support it, the
processes that manage it, and the people who operate
it. Business analysis helps organizations to define the
optimal solution for their needs, given the set of constraints
(including time, budget, regulations, and others) under
which that organization operates.

The term scope is used to mean a number of different
things, but two definitions predominate:
Solution scope is the set of capabilities a solution must
support to meet the business need.
Project scope is the work necessary to construct and
implement a particular solution.
When the BABOK refers to scope, the solution scope
is meant unless we specifically say otherwise. The
definition and management of the solution scope is central
to business analysis, and differentiates it from project
management (which is conceed with the project scope).

A requirement is:
A condition or capability needed by a stakeholder to
solve a problem or achieve an objective.
A condition or capability that must be met or possessed
by a solution or solution component to satisfy a contract,
standard, specification, or other formally imposed
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