Which mnemonic is used to identify Business Requirements?

Prepare for the CIPS Defining Business Need (L4M2) Test with multiple choice questions and insightful explanations. Enhance your understanding and ensure success!

The mnemonic RAQSCI is specifically designed to help identify and articulate business requirements. Each letter stands for a key aspect of understanding what the business needs:

  • R stands for Requirements
  • A represents Assurance

  • Q signifies Quality

  • S is for Service

  • C denotes Cost

  • I stands for Impact

This mnemonic ensures that when gathering business requirements, one considers various dimensions that are essential in driving the success of the project. By using RAQSCI, practitioners can take a holistic approach to capturing the necessary requirements, ensuring no critical factor is overlooked.

The other mnemonics listed serve different purposes; for example, SMART is commonly used to set specific, measurable, achievable, relevant, and time-bound objectives, and PQCDSM relates to project management focusing on performance metrics such as quality and cost. PESTLE is a framework for analyzing the external environment that might impact business decisions. While these tools are valuable in their own contexts, RAQSCI is the most relevant for identifying and detailing business requirements specifically.

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