Business Product Requirements Document
Business Product Requirements Document (PRD)
I. Executive Summary
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Purpose: This document lays out the detailed requirements for [Product Name], aiming to align all stakeholders on the project's objectives, scope, and deliverables.
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Author: [Your Name]
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Date: [Date]
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Version: [Version Number]
II. Project Information
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Product Name: [Product Name]
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Project Lead: [Project Lead Name]
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Department: [Your Department]
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Stakeholders: Detail the key stakeholders involved in this project, including [Names and Roles].
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Project Objective: Clearly articulate the business problem [Product Name] is solving or the opportunity it is addressing.
III. Market Analysis
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Target Market: Describe the target market for [Product Name], including demographic, geographic, and psychographic profiles.
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Competitive Analysis: Provide an analysis of the competitive landscape, including direct and indirect competitors.
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SWOT Analysis: Summarize the strengths, weaknesses, opportunities, and threats for [Product Name].
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Strengths |
Weaknesses |
Opportunities |
Threats |
|---|---|---|---|
IV. Product Overview
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Product Description: Offer a detailed description of [Product Name], including its core features and benefits.
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Unique Selling Proposition (USP): Define what makes [Product Name] unique in the marketplace.
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User Personas: Describe the ideal user personas for [Product Name].
V. Requirements
A. Functional Requirements
Core Features: List the core features of [Product Name], including:
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Feature 1: Description and rationale
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Feature 2: Description and rationale
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(Repeat for additional features)
User Requirements: Detail the requirements from a user's perspective, focusing on what the user can do with [Product Name].
B. Non-Functional Requirements
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Performance: Specify the performance criteria, including load time, transaction speeds, etc.
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Security: Detail the security requirements, including compliance standards, data protection measures, etc.
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Accessibility: Outline the accessibility standards that [Product Name] must meet.
VI. Technical Specifications
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Architecture: Describe the proposed architecture for [Product Name], including any integrations with existing systems.
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Technology Stack: List the technologies, frameworks, and tools that will be utilized.
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Data Management: Provide an overview of how data will be managed, including collection, storage, and processing mechanisms.
VII. Implementation Plan
Outline the project phases, including timelines, key milestones, and deliverables.
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Phase |
Milestones |
Deliverables |
Estimated Completion |
|---|---|---|---|
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[Phase 1] |
[Milestone 1] |
[Deliverable 1] |
[Date] |
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[Phase 2] |
[Milestone 2] |
[Deliverable 2] |
[Date] |
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(Repeat for additional phases) |
VIII. Risk Management
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Identify potential risks and outline mitigation strategies to ensure project success.
IX. Approval and Revision History
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Approved by: List the individuals with approval authority, including [Names and Roles].
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Revision History: Keep a record of revisions to this document, including dates, descriptions of changes, and authors.
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Date |
Description of Changes |
Author |
|---|---|---|
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[Date] |
[Description of Change] |
[Your Name] |
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(Repeat for additional revisions) |
