Use this free product requirements document template

To make a great product, a business needs to follow the right process from the beginning to the end. While doing so, it is also necessary to make sure that the organization or its people are not wasting time on deciding purpose, features, procedures, and the release of a product. Product requirements document, or simply PRD, describes and tracks a company's progress on a product. It helps save time on identifying what to build and how to build in order to meet client requirements.

Using a product requirements document, a company can breakdown processes related to a product. It drives efforts of different departments to meet client requirements. A major objective of the document is to make sure that teams are infusing necessary features and functionality to a product. 

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A great PRD is beneficial to an organization in many ways, but creating it is a complex task. To make it an easier process, many businesses use a product requirements document template. Using it, an organization can effectively communicate requirements with its team members. The template online helps in defining a product's purpose, functionality, and effectiveness. In addition, it allows a company to bring all its employees on one platform where they can work together as one team to achieve product objectives. 

Live editor

On Slite, you or your employees can write content in the real-time. In addition, it allows you to share ideas and knowledge with your team members. You can also use the platform to edit the content to make it more beneficial. 

Simple and intuitive

It is easy to operate a product requirements document template on Slite. You can easily add people to it, write content, or edit ideas shared by other users on the network.

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You can use Slite as your collaboration tool to bring all your employees on one platform where they can communicate, share notes, and discuss with each other. They can also share ideas and knowledge to work effectively on a project.

What to include in a product requirements document 

A PRD is effective only when you create it in the right way and add all those necessary elements to it that can make it a lot easier for an organization to decide how to build a product that customers want to have. A major objective of the document is to define what to build and how to build. Whether you are using a product requirements document template or writing the document on your own, there are some important things to add do it.

  • Purpose of the product: It is necessary for everyone in the organization to know the purpose of a product they are working on. It will give them a reason and an objective. While writing the purpose, a company needs to make sure it includes information like who is going to use the product, what is important about it, and how it can solve customers' problems

  • Features to add: After deciding the purpose, the next step is to add product features to the document. All these properties must support the product's purpose. Apart from that, they should be beneficial for end users. By writing features clearly, an organization can help employees understand what they have to build.

  • Set goals: From functionality and usability to supportability, there should be goals for everything. You need to set the right objectives and help fulfill expectations from a product. To ensure goals meet the purpose, it is necessary to make them easy to understand, achievable, and measurable.

  • Timeline: It is important for a company to take its time while making a product that meet customers' expectations, but it is also necessary to decide a timeline or a rough estimate to release the product. It will let employees understand how flexible they can be.  

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