I've seen so many PRDs in my time, but what makes a good one? Most PRDs contain these sections: - Problem Statement - Customer Segments - Goals & Success Metrics - User Story - Mock-ups - Requirements But if you really want to elevate your PRD, consider adding more depth: - Why is this the right time? - Add key trade-offs or decisions you made. - Add deeper insights that led you to the target segments. - Add any risks and mitigation plans that you have considered. - Add the launch plan and GTM. - Add a feature roadmap for 6 months post launch. Add features that are out-of-scope. Many PMs think of the PRD simply as a set of requirements, with everything else being space fillers. ⛔ 𝗗𝗼𝗻'𝘁 𝗺𝗮𝗸𝗲 𝘁𝗵𝗶𝘀 𝗺𝗶𝘀𝘁𝗮𝗸𝗲. Here are some more tips to consider while writing your PRD: 1️⃣ Use the pyramid principle to write with clarity and use data to back-up your arguments. 2️⃣ Write at an 8th-grade level so it's easy for anyone to understand. Use Grammarly or the Hemingway app to check your writing level. 3️⃣ Spend as much time explaining the trade-offs and risks as you do explaining the solution. This will help readers understand your thinking and reasoning. 4️⃣ Focus on understanding the purpose of each section and how it can help you reach your goals. 5️⃣ The PRD is often a live document. Don't focus too much on perfecting it and handing it over to your tech team. The process of writing and collaborating on the document is more valuable than the final outcome itself. __________ 🥷 Get this and 5 other product templates FREE 👇 Link in the first comment — filter by “most recent” to see it.
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Hey there!!! Let's talk about a PRD! What's a PRD? A Product Requirement Document (PRD) is a crucial document that outlines the product's goals, requirements and specifications. It serves as a guide for the development team, stakeholders, and customers to ensure everyone is on the same page regarding the product's vision, functionality, and expectations. The primary focus of a PRD is to: 1. Define the product's purpose and goals 2. Identify the target audience and their needs 3. Outline the product's functional and non-functional requirements 4. Establish the product's success metrics and key performance indicators (KPIs) 5. Provide a shared understanding among stakeholders and the development team. Components of a PRD 1. Executive Summary which entails a brief overview of the product's purpose, goals, and key requirements. 2. Product Description which requires a detailed description of the product, including its features, functionality, and user experience. 3. Target Audience: Identification of the target users, their needs, and pain points. 4. User Stories: Brief descriptions of the product's functionality from the user's perspective. 5. Functional Requirements: Detailed descriptions of the product's functional capabilities. 6. Non-Functional Requirements: Description of the product's performance, scalability, and security requirements. 7. Assumptions and Dependencies: Identification of any assumptions and dependencies that may impact the product's development. 8. Success Metrics and KPIs: Definition of the product's success metrics and KPIs. 9. Glossary: Definitions of technical terms and acronyms used in the PRD. Essence of a PRD A well-crafted PRD offers several benefits, including: 1. Clear product vision: Ensures everyone involved in the product's development shares a common understanding of the product's goals and requirements. 2. Improved communication: Facilitates communication among stakeholders, developers, and customers. 3. Reduced misunderstandings: Minimizes misunderstandings and misinterpretations that can lead to project delays and cost overruns. 4. Increased efficiency: Helps prioritize features and requirements, ensuring the development team focuses on the most critical aspects of the product. 5. Better decision-making: Provides a framework for making informed decisions about product development and resource allocation. By following these best practices and including the necessary components, a PRD becomes a powerful tool for ensuring the successful development and launch of a product that meets the needs of its target audience.
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One major error you should avoid when resuming a role as a PM is trying to read the PRDs. You think to yourself - Yeah, this is the knowledge archive - the shortcut to understanding your new product ecosystem. But here are the problems with most PRDs: ↳Ghost features - Half of the features on it were not built and the ones that were, some have stopped working and have not been fixed. See that SMS that should be triggered after that action - well it hasn't worked in 2 years. ↳Missing context - Most of these documents rarely capture the "why" behind decisions. ↳Outdated information - PRDs age like milk, not wine. Almost nobody goes back to update those things. Think I'm lying - check the last edited date. Yeah - April 2021. ↳Evolving priorities - Business goals shift faster than PRDs update. ↳Integration oversights - PRDs often miss system-wide implications. Let me stop there for now. Reading PRDs might feel good in the moment but all it does is give you this false sense of progress. 𝗧𝗵𝗲 𝗿𝗲𝗮𝗹 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗶𝘀 𝘁𝗮𝗹𝗸 𝘁𝗼 𝗣𝗘𝗢𝗣𝗟𝗘. 𝗦𝗶𝗺𝗽𝗹𝗲𝗅 ↳The engineers ↳The users of the product ↳The sales team ↳The customer care team who know what is what ↳The stakeholders A 30 min call with an customer care rep would trump 3 hours reading an ancient PRD. And guess what you are given the context and the evolution of it all from that person. Also, you've gained someone you can reach out to any time. Your greatest tool isn't a document – it's your ability to connect, listen, and adapt. 𝗣𝗲𝗼𝗽𝗹𝗲 > 𝗣𝗥𝗗𝘀
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Our guide to write the perfect PRD 👇👇 In this post, we’ll dive into what a PRD is and share three essential tips for creating a top-notch document. https://lnkd.in/dCUazZx8
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🚀 Navigating Product Requirements: Simplified Guide 🌟 Let's unravel the final step in the discovery process - creating a Product Requirements Document (PRD) in plain language: Understanding the PRD: The PRD is like a roadmap for the product team, aligning everyone towards a common goal. It outlines what the product must do, its purpose, features, and how success will be measured. Essential Sections of a PRD: Product Purpose: Summarizes who it's for, why it's built, and the problems it solves. Product Features: Details what the product will do, prioritizing key functionalities. Release Criteria: Defines how we'll know when a feature is ready, including functionality, usability, reliability, performance, and supportability. Schedule and Constraints: Sets timelines, resources, and limitations for development. Tips for Crafting Effective Requirements: Keep it concise: A shorter, focused PRD is more actionable. Capture essence, not details: Describe what the feature enables without diving into implementation details. Prioritize themes: Identify core themes for the product and allocate resources based on value, impact, differentiation, and development complexity. Use prioritization techniques: Explore methods like Buy a Feature, weighted scoring models, or visual tools for team input and alignment. Continuous Process: Remember, requirements evolve, so this is an ongoing process of refinement and adjustment based on changing needs. Creating a clear, prioritized PRD ensures effective communication with the development team, guiding them on what needs to be built without micromanaging the how. 🛠️💡 #ProductRequirements #AgileDevelopment #TeamAlignment
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DAY 61: KEY ELEMENTS OF YOUR PRODUCT MESSAGE One of the key elements for a product message is the product’s theme. Key learnings: There are three key questions our theme should answer: - Why is this product/company important? - Why are you doing this? - What’s special about your company’s mission that will make a customer want your product over a competitor’s? - Another element to look at is what’s fresh and new about the product: What are we building a message for? On your sheet of paper, create a new section where you list what’s fresh and new. NB: Rather than telling people about these fresh and new features, though, you want to talk about the benefits they provide to the customer, using the underlying theme and the customer’s problems/needs to affect your diction. - To each new feature you listed, write why the customer should care and how this feature relates to the theme. - Create “Now” and “Future” columns and write out what the customer’s doing now and why your product, especially with this new feature, is better. - Address what someone’s first impression of your product might be, and whether you need to influence that impression. NB: Our first impressions have a big effect on our attitudes. NOTE: In your notes for your product, write down what you feel each persona’s first impression of your product will be. If you need to influence that impression, write down how you want to shift the perception. #productmanager #productdevelopment #day61ofbecomingagreatPM #theproductbook
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This is an inspiring approach by Alex to write a draft PRD in just 10 minutes! This method boosts efficiency and ensures clarity and early alignment within the team. Encourage more PMs to practice this simple approach. #ProductManagement
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Let’s write a draft PRD in 10 minutes. Don’t overthink it. 😱 But there’s so much I still don’t understand about the product! 🤔 And which PRD template should I even use?? 🫨 And how do I make sure all the details are included??? Don’t worry about all that. Put your phone away, close chat and email, and mute all notifications — for 10 minutes. Now, let’s be overly simplistic: why are you even writing a PRD in the first place? 𝗬𝗼𝘂 𝘄𝗮𝗻𝘁 𝘁𝗵𝗲 𝘁𝗲𝗮𝗺 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴. Hopefully, this is something that solves a problem for your users and is good for your business. So we’re going to keep it simple and just tell the team what to build: 1. Our users have this problem: ____. 2. To solve it, we should do this: ____. 3. Then, our users will be better off, like this: ____. 4. And this is also good for business, because: ____. 5. Here’s how we’ll know if it worked: ____. 6. And here are a few other things we considered: ____. Create a catchy title for your feature, suggestion, or concept. Put that title up top in the center, and boldly add the “𝗣𝗥𝗗” after. You’re now ready to share the draft with the team to gather additional input. Ask your XFN team to leave comments, concerns and suggestions. OK, maybe that was 15 minutes. But look at that fancy PRD! ____________________ 🚀 Want to get paid significantly more for the same PM skills you have now? Check out the 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗖𝗮𝗿𝗲𝗲𝗿 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿 (in the comments) — for serious product professionals only.
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while working on a sample PRD,I've learned that the key to crafting a successful Product Requirements Document lies in providing the right "background context". It's not just about listing features and functionalities - it's about painting a vivid picture of the why behind what you are intending to build. Think of the "background context"as the foundation upon which the rest of the PRD is built. It sets the stage for stakeholders to understand the problem you're trying to solve, the market opportunity you're addressing, and the goals you're aiming to achieve. Without this crucial context, your PRD runs the risk of being just a jumble of technical specifications without any real purpose. Get to know your target audience inside out, understand their pain points, desires, and preferences. this will enable you to develop a more comprehensive and focused PRD."
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The most significant measure for a PRD is: does it bring clarity? Clarity on: 1. The key success metrics 2. The hypothesis the team is testing 3. The user problem or need the team is solving 4. The evidence the team has for the choice made 5. Guidance for design & eng decisions that will support the goal The worse a PRD is, the more it confuses people. People say: • “What does the feature actually do?” • We couldn’t determine if it was successful.” • “Everyone has a different idea of the feature.” The best PRDs align everyone’s understanding. ↳ However, they don’t always start this way. ↳ The PRD evolves to be that way. Here’s how that clarity emerges: 1. Initially, it might just be a speclet during planning. 2. After problem discovery, the problem becomes clear. 3. After solution discovery, the solution discovery becomes clear. 4. After launch, the results become clear. It documents the outcome of the double diamond design process., in writing. A great PRD won’t compensate for a bad strategy. But it makes executing a good strategy more feasible. Find out more about the PRD evolution process here: https://lnkd.in/gcxVMMiA
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There is no shortage of great advice on breaking into product management, but it can often feel like a moving goal post. I wanted to contribute to the conversation with some insights and much needed humor 🍩🍩🍩. Check out my thoughts, along with a sketch I made: [Link to the article]
Being a PM isn’t about checkboxes. It is the texture that emerges from years of corrosion.
nbajwa.substack.com
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Ask yourself, "What if I were wrong?" as a PM. The answer may surprise you. Whenever I'm doing things like: • Strategy • PRDs • User Stories • Anything that has an assumption. I ask myself, what if I were wrong? I ask this question for a couple of reasons. 1. Parse out any underlying biases. 2. Identify what can go wrong. It forces me to think from a different direction. What questions do you use to identify your biases?
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Sr. Product Manager @ Toptal | Ex Sylndr | Ex Vezeeta | Ex MNT-Halan
6moInsightful!