We’ll delve into the essential components, explore best. Business requirements documents (brds) center on strategic objectives, business processes and user needs at a high level. A functional specification document (fsd), also known as a functional requirements document (frd), is considered by many project management and software. Use the following priority table. It allows you to apply a ratings system to your requirements, so you have the visibility (into the value, status, and description of each requirement) that’s.