Generally 'system requirements' are developed in the analysis phase and evolve to more technical 'business requirements' in the design phase.

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System requirements are developed in the analysis phase to define what the system is supposed to do, while business requirements, which outline the needs of the business that will be met by the project, are typically defined before the system requirements, often in the initial stages of the project.

Generally 'System Requirements' Are Developed in the Analysis Phase and Evolve