Purpose of phase is to:
- 
Define & prioritise the Business Requirements
 
- Most IMPORTANT phase
 - Analyst finds out what users want or need out of new system
 
Tasks:
3.1 Identify & express system requirements
3.2 Prioritise system requirements
3.3 Update or refine the Project Plan
3.4 Communicate the Requirements Statement
Participants:
- System Users
 - System Owners (if they use system)
 - System Analysts
 - Project Managers
 
Deliverables:
- Business Requirements Statement
 - BUILDING BLOCKS:
 - Business Data Requirements
 - Business Process Requirements &
 - Business & System Interface Requirements
 
Reference: SAD pg 83, 185



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