Requirements are formed based on the stakeholders’ needs, wants, and expectations. Stakeholders are the individuals or groups that have an interest or influence on the project or the solution, and their needs, wants, and expectations are the problems or opportunities that they want to address orachieve. Requirements are the statements that describe the features and characteristics of the solution that will meet the stakeholder needs, wants, and expectations. Requirements are elicited, analyzed, documented, validated, and managed throughout the business analysis process12
Option B is incorrect because a solutions-based approach is not how requirements are formed, but how solutions are designed. A solutions-based approach is a type of deductive approach that focuses on finding and implementing the best solution for a given problem. A solutions-based approach is not related to how requirements are formed, but to how requirements are analyzed and evaluated3
Option C is incorrect because a change-driven approach is not how requirements are formed, but how business analysis work is conducted. A change-driven approach is a business analysis approach that focuses on minimizing up-front uncertainty and delivering business value in short cycles. A change-driven approach is not related to how requirements are formed, but to how requirements are elicited, prioritized, and verified4
Option D is incorrect because a risk and reward solution is not how requirements are formed, but how solutions are assessed. A risk and reward solution is a type of solution that involves balancing the potential benefits and costs of the solution, and taking into account the uncertainties and assumptions that affect the solution. A risk and reward solution is not related to how requirements are formed, but to how requirements are validated and traced5
References:
Business Analysis Body of Knowledge (BABOK® Guide), Version 3, Chapter 3: Requirements Life Cycle Management, Section 3.1: Purpose of Requirements Life Cycle Management, p. 49-50.
Certification of Capability in Business Analysis (CCBA®) - Simplilearn, Module 6: Elicitation and Collaboration, Lesson 6.1: Prepare for Elicitation, p. 6-7.
Solution-Driven Thinking - an overview | ScienceDirect Topics
Business Analysis Body of Knowledge (BABOK® Guide), Version 3, Chapter 2: Business Analysis Planning and Monitoring, Section 2.1: Plan Business Analysis Approach, p. 31-32.
Business Analysis Techniques - ECBA, CCBA, CBAP Endorsed, Section 8.6: Decision Analysis, p. 103-104.
