1. Research Existing Business Systems (Plus Competitor Analysis) 2. Identify Improvement Opportunities 3. Document Business Requirements 4. Facilitate Deliverables Acceptance Different set if activities that are carried out during this part is - Defining the scope of the system – here I work with key project stakeholders and business people to formulate and communicate the business vision for the project, map out initial requirements and the scope of the project - Interpret business needs - to translate the requirements into something that developers can understand as well as to translate the resulting questions that the developers have into something the stakeholders can understand," - Technical aspects / issues - With the discussion along with the technical head, we break down technical and architectural complexities so that project stakeholders can easily understand any issues that crop up - Spell out the project details and requirements in form of document and get signoff from all the parties involved to move into the production - Gather and analyze internal and external clients' business needs and detailed specifications - Identify data flows, Validate the functionalities developed with the various participants, Creation of Feature Lists, Functional Requirement Document