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Product Requirements Document

TechExec Week 16 - Friday Edition

Author

Gaurav Singh
July 28, 2023

(Total read time: 3 minutes)

Hey there,

Welcome to Week 16 of TechExec - the newsletter that turbocharges your growth to become a Tech Executive!

As always, we are sharing a new set of BLTs this week

  • 💼 B - a Business concept / theory / story

  • 💝 L - a lifestyle advice

  • 🤖 T - a Tech explainer

Here is the schedule:

Monday —>💼 B - a Business concept / theory / story

Wednesday —> 💝 L - a lifestyle advice

Friday —> 🤖 T - a Tech explainer

This week we covered Cloud Kitchens on Monday and the Pyramid Principle on Wednesday.

Today’s Tech Explainer is on Product Requirements Document!

💼 T - Product Requirements Document

Consider this: You've got this amazing concept for a product or a fresh feature. However, before you start the development process, you need a tool that can gather all the essential details in one place. Introducing the Product Requirements Document (PRD), the key to better product development.

PRDs are like the GPS for your product or feature, guiding everyone through the wild jungle of development. Now, I won't sugarcoat it—PRDs might look like a mountain of work, but it's an investment worth making. Crafting a great PRD is like waving a wand that makes building the product a breeze.

And guess what? This magical PRD unleashes not one, not two, but THREE epic benefits:

  • Say goodbye to confusion: Great PRDs enable alignment across leaders and teams by providing them with the information and confidence they need to raise flags, ask questions, and iterate with minimal decision churn.

  • Welcome to the circus of creativity: A well-written PRD unlocks cross-functional creativity and collaboration by leaving space for designers and engineers to define the solution alongside PMs, thus leading to a better customer outcome.

  • Get your brain muscles flexing: Writing a PRD is like sending your brain to the mental gym! It forces our brains to think in a logical, structured way. This helps us pressure test our solutions to customer problems, develop thoughtful plans, and ensure we have everything needed to execute effectively.

How about an example of a good PRD? Check out the PRD for AWS container-based Product requirements!

So, don't underestimate the power of a well-crafted PRD. It's not just some boring document; it's a spellbinding tool that unleashes the potential of your product and makes the journey from idea to reality pure magic.

Takeaway: The Product Requirements Document (PRD) consolidates essential information about your product or feature, fostering alignment throughout the development process. With a well-written PRD, your team can navigate the development journey smoothly, minimizing confusion and decision churn. Moreover, the PRD encourages cross-functional collaboration, allowing designers and engineers to work in harmony with product managers for a superior customer outcome. By structuring your thoughts logically within the PRD, you pressure test solutions, develop thoughtful plans, and ensure all necessary elements are in place for effective execution.

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