FREE TEMPLATES
Best Product Requirements Document Template
Planning to build a great product? Start smart with a product requirements document template. It is a useful tool for listing product ideas, features, goals, and milestones in one neat place. Keep your team, clients, and stakeholders on the same page while creating your product faster and better.
What is the Product Requirements Document Template?
A product requirements document (PRD) template is a guide for anyone building a product, helping them list and organize their requirements. It is a customizable layout containing all the necessary elements you need to plan and document your product requirements from start to finish.
Benefits of using a Product Requirements Template
- Comprehensive and easy to use.
- Effective planning and execution.
- Helps understand the different requirements.
- Aligns the team, clients, and stakeholders.
- Improves product quality and delivery.
What should be included in a Product Requirements Document Template?
The Product Development Requirements Template comes in various types, such as software product requirements templates. However, every template should effectively explain the product's features, vision, goals, and functionality.
Components of a Professional Product Requirements Document Template
- Title and Target Release Date
- Objective: Give context of how this project fits into the organization's strategic goals.
- Vision: Where you want your product to be in the future
- Goals: List product goals and success metrics
- Initiatives: List high-level product initiatives
- Persona(s): Who the product is for
- Milestones: Create a plan with goals
- Features: Include the features added
- User Flow and Design: Insert wireframes and mock-ups.
- Analytics: KPIs to study
- Future Work
How to Use this Product Requirements Document Template
Using the product requirement template is as easy as it looks. Collect your data, follow the steps, and your product requirements document will be created.
Steps to Use Product Development Requirements Template
Step 1: Add product name, primary goal, target release, document status, document last updated, and tech lead details.
Step 2: Briefly explain the product in the introduction and overview section.
Step 3: Understand your functional and non-functional requirements, and complete the table.
Step 4: In the timeline section, insert the development and its duration.
Step 5: Finally, obtain the signatures and update the revision history table.
What’s Inside this Product Requirements Template
Bit.ai offers one of the best PRD templates, encompassing everything a product owner or team would need.
This Customizable Product Requirements Template Layout Includes
- Product details, including name, primary goal, and document status.
- Introduction to write about the product.
- Overview of the product.
- Requirements- Functional and Non-functional
- Timeline table with development and duration columns.
- Signatures
- Revision history to keep track of the process.
Why You Need a Product Requirements Document Template
A Product Requirements Document Template helps you plan and improve team communication. It is easier to create the product requirements for various features, functionalities, and development stages.
How to Fill Out a Product Requirements Template
You can start by following a Sample Product Requirements Document Template to understand the standard sections it includes. Typically, you'll need to:
- Define the product's primary goal and target release.
- List out key features of the product.
- Specify the functional and non-functional requirements.
- Outline the timeline and add any dependencies or risks.
Who Can Use this Product Requirements Document Template
A product requirement template is usually used by
- Product managers
- Business owners
- Startups
- Marketing teams
- Project managers
F&Q
Q.1 What is a product requirements document template?
A product requirements document template serves as a guide to help you understand your product, its features, requirements, and milestones.
Q.2 How do you write a product requirements document (PRD)?
You can write a product requirements document by simply following the template and adding your data. Start with product details, including functional and non-functional requirements, milestones, and conclude with signatures.
Q.3 How do product managers use a PRD template?
Product managers use a PRD template to outline the product's vision and mission. It helps them set timelines and document the technical aspects of the product. This template keeps everyone aligned with the product's development.
Q. 4 Are there specific PRD templates for SaaS or startups?
Although most PRD templates are similar, those designed for SaaS products typically focus on how the product can grow and the various types of users. PRD templates for startups often focus on identifying the right customers, prioritizing the most essential features, and implementing quick changes. You can easily change the templates to fit your needs.
