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PRD template: How to write a great product requirements document

Last updated: February 2025

A product requirements document (PRD) defines what you are building, who your product is for, and its purpose. It outlines the features and functionality your offering must have in order to provide value. PRDs guide teams through development and launch so they can bring products to market that meet customer needs.

There are still some industries like healthcare where comprehensive PRDs are beneficial and even required. But today, most product development teams choose leaner versions of the lengthy PRDs of old.

No matter what type of organization you belong to or documentation you create, we all have to define what it is we are building and give stakeholders needed insight. If you use Aha! software, there are multiple ways to manage your PRDs. You can capture them in a shareable note template or embed requirements directly in work items on your product roadmap. You can also use the downloadable Excel, PowerPoint, and Word formats found in this guide.

Read on to learn what goes into a great PRD, access a PRD template, and get best practices to help you write clear, actionable requirements. Use the following links to jump ahead to a specific section:

What is a PRD template?

A product requirements document is a resource for product managers to define what a new feature or product should do. A well-structured PRD ensures that engineering, design, and stakeholders are aligned before development begins.

Using a PRD template helps teams streamline the process, ensuring consistency and clarity across projects. The right PRD should clearly outline the problem, goals, features, and technical requirements — so that teams can make informed decisions and build efficiently.

Try our PRD template — sign up for a free trial.

Product requirements document large


Why use a PRD template?

Writing a PRD from scratch every time is inefficient. A PRD template helps standardize the process so teams can clearly define product details, align on expectations, and move faster.

A well-structured PRD ensures:

  • Clarity from the start: Everyone understands the problem, goals, and scope before development begins.

  • Better collaboration: Product, engineering, and design teams stay aligned on what needs to be built.

  • Fewer misunderstandings: Requirements are documented in a way that reduces ambiguity and rework.

Not every effort requires a full PRD, but when the details matter, a good template makes it easier to get it right.

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Pros and cons of a PRDs

A well-crafted PRD improves productivity and fosters alignment across teams. It provides a clear framework for collaboration and reduces time spent managing different versions of requirements, roadmaps, and related documentation. But PRDs are not without challenges — too much structure can slow teams down, and rigid documents can become outdated quickly.

Benefits of a product requirements document

The primary benefit of a PRD is that it serves as a single source of truth — clearly outlining what will be delivered in a new product or release. It ensures that product, engineering, design, and go-to-market teams have a shared understanding of what is being built and why.

While product managers typically own the document, creating and refining a PRD should be a collaborative process. It provides a foundation for meaningful discussions and keeps everyone aligned as development progresses.

Pros of a PRD:

  • Provides a high-level direction for the product

  • Reduces ambiguity around goals and scope

  • Documents timelines and areas of ownership

  • Clarifies functionality and user experience expectations

  • Helps cross-functional teams stay informed and aligned

Challenges with product requirements documents

Traditional PRDs were built for waterfall development — designed to capture every detail upfront before any work began. The idea was to prevent costly surprises later. But modern software teams move fast, prioritize iteration, and adjust based on real user feedback. A rigid PRD can become a bottleneck rather than a helpful guide.

One common criticism of PRDs is that they can feel too prescriptive — potentially limiting creativity or discouraging teams from exploring better solutions that emerge along the way. A poorly managed PRD can also become a scapegoat when a product misses the mark. (“Well, we built what was in the requirements…”)

Video tutorial: How to keep product managers and engineers in sync

A more modern approach allows the PRD to evolve alongside development. Rather than dictating every detail, it should provide enough structure to guide the process while leaving room for learning and iteration.

Cons of a PRD:

  • Requires experience to write well and avoid unnecessary complexity

  • Can stifle creativity if teams treat it as a strict mandate

  • Becomes outdated quickly if teams do not actively maintain it

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Components of a product requirements document

What does a PRD look like? Well, it depends. From the industry to maturity of the organization's development process to the product itself, requirements gathering and documentation is impacted by a variety of factors. We put together a few examples of different types of PRDs below, so you can get a sense of what to expect.

PRDs typically contain some or all of the following:

  • Overview: The basics of what you are building, including status, team members, and release date.

  • Objective: Strategic alignment, including organizational goals or initiatives.

  • Context: Customer personas, use cases, competitive landscape, and other supporting material that will help the team develop a deeper understanding.

  • Assumptions: Anything that might impact product development positively or negatively, along with how you will validate, and any known dependencies.

  • Scope: What is a current priority and what will not be included now, but may be in a future release.

  • Requirements: Details of what should be built, such as user stories or wireframes.

  • Performance: Metrics for success.

  • Open questions: Anything the team anticipates or is unsure of yet how to answer.

Earlier in this guide you saw an example of a PRD note template. In comparison, we have included a custom feature description from Aha! Roadmaps below. This is another approach to sharing requirements with your development team. These records in Aha! software can be directly linked to strategic goals, initiatives, and other records to give everyone on the team full context into what the work entails and why it matters.

A feature outlined in Aha! Roadmaps that will ensure users can support their friends' race goals

Best practices for agile requirements

In an agile environment — particularly if you are working within a strict methodology — empathy is critical. You need to have empathy for your teammates and for your users. This extends to how you produce and share requirements.

Agile teams usually work from themes, epics, user stories, and tasks. Together, the first three comprise much of what you would find in a PRD. Themes represent a strategic initiative — or collection of epics that align to a shared goal. Epics are large bodies of work. And user stories are short requirements written from the perspective of the end user. (As a [type of user], I want to [perform some task] so that I can [achieve some goal].)

In the example below, an epic includes multiple features or user stories — all of these work items are linked to the goal and initiative that they support.

Epics are a container for related user stories. Stories are specific functionality that must be possible for the epic to be realized. Both are requirements, in their own way. A healthy approach to agile requirements gathering and management will look something like this:

  • Epics provide needed context

  • User stories are succinct

  • Product owners gather input from the team before writing

  • Stakeholders are involved early and often

  • Everyone is informed when updates happen

  • Backlog prioritization sessions are collaborative


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10 steps to create an effective product requirements document

We find that steps below provide a repeatable structure and process for writing a PRD, regardless of how much detail you ultimately include. Here we are taking you through a release as an example. But you can swap out that word for whatever it is you are working on, whether it is an entire product or a significant new feature.

1. Define the basics

  • What are you building? What is the “elevator pitch” for this release?

  • Who is on the team? Who are the product managers, developers, and stakeholders?

  • When is the target release date?

  • What is the current status? On track, at risk, blocked?

2. Capture strategy

  • What are you trying to achieve with this release? What is the value you expect it to create?

  • How does this support business and product goals?

3. Offer context

  • What does the team need to know to do their job successfully?

  • What informed this release? Was it a market trend? Do you have customer interviews to share?

  • Who are your target personas? What use cases have you identified?

  • Is there high-level information about future roadmap plans worth sharing?

4. List assumptions

  • What hypotheses have you made — business, technical, resourcing, etc?

  • How might these assumptions affect product development?

5. Detail requirements

  • What problems are you trying to solve? What functionality must be included?

  • What features or user stories will be shipped in this release? What is the priority level of those?

6. Include design

  • What will the product look and feel like? How will the user interact with the features in this release?

  • Do you have wireframes or mockups to share? Can you provide links to existing design explorations that will inspire the team?

7. Provide metrics

  • What metrics and KPIs will you track?

  • How will you determine the value of what you deliver?

8. Consider impact

  • Are there known dependencies?

  • What other areas of the product will this release affect?

  • What level of ongoing maintenance will be needed? Support?

  • Are other teams needed?

9. Outline scope

  • What is not included in this release?

10. Make room for questions

  • What questions can you anticipate? Are there any outstanding without answers yet? What additional research will you need to complete?

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Download free PRD templates

There is no one ideal PRD template format for your product and organization. But if you are looking for a downloadable template, we have pulled a few together. (When you are done with these, you can upgrade to an Aha! template.)

PRD presentation template

There are times when you need a comprehensive overview so that everyone can understand what that product will do. You might be releasing a new offering or shipping a major update to an existing one. Because of the broad impact of the work ahead, product development teams typically need to present critical details to executives, partners, or other stakeholders. You want to showcase your product vision, your assumptions, and your plans to deliver value.

The presentation template download below includes a wide range of product information that you may want to capture. The text prompts indicate what level of detail you will want to include — but you can always add more or less.

If your organization already has a branded presentation theme then you can use the table of PRD elements to build out your own slide deck:

Product name

This one should be obvious

Vision

Where you want your product to be in the future

Description

Brief overview of what your product does and for whom

Team

Product manager, development team, designers, QA, etc.

Timing

Target release date

Status

Indication of current progress, such as "on track" or "at risk"

Background

Competitive landscape, user interviews, and other research

Strategic imperatives

Business case, including goals for your product and any supporting initiatives

Metrics

How product performance will be measured

Personas

Semi-fictional archetype that represents traits and behaviors of prospective customers

Use cases

Step-by-step description of different scenarios in which a user might use your product to solve a specific challenge

Assumptions

Hypothesis behind how your solutions will solve the customer's problem, along with technical feasibility

Investment required

Budget, headcount, and other resources

Product architecture and components

Functional elements of the product and how they relate to one another

Core features

Discrete areas of functionality that deliver value to users

User experience (UX) and user interface (UI)

How the user will interact with the product and how the interfaces will look and behave

Acceptance criteria

Conditions that must bet met for the product to be accepted by the user or other systems

Scope

What will not be built at this time (ideas gleaned during development can be save for future)

Open questions

Any questions the team may have — whether answers yet exist or not

Image / Product Requirements Document (PRD) Presentation Template

Lean PRD template

The goal of lean product development is to avoid the waste typically associated with top-heavy processes. Instead of separating the various groups involved with delivering a new user experience, lean practices put an emphasis on organizing around a core team who have a deep understanding of what customer and business needs. Naturally, lean teams choose a streamlined approach to requirements gathering:

Objective

Description of what you want to build — include how this effort aligns to overall strategy

Background and assumptions

Include any background information that will help the team (personas, customer interviews, etc.) along with assumptions behind your thinking

Features / user stories

List of planned features or user stories that will support the objective

User experience (flow and design)

Link to UX artifacts, such as a user story map, wireframes, or other design explorations

Constraints and dependencies

Note any roadblocks the team has already identified, such as timing of other work or impacted functionality

Open questions

Include any unknowns that the team may run into but has not yet answered

Lean PRD template

Release requirements template

A release is more than the bits of code that the team writes and ships. It is the opportunity to deliver a new customer experience — from the new functionality to the way that cross-functional teams support the go-to-market launch and beyond. With so many folks contributing to product success, it is critical to consider all of the elements that will impact your release (updating as progress happens to reflect the latest):

Name

Release name

Target release date

When you plan to ship the new customer experience

Status

  • Not started

  • On track

  • At risk

Overview

Description of what you hope to achieve in this epic and any background information that will help inform the team

Team

List names and responsibilities of everyone involved, from designers to developers to QA to product marketers — include meeting cadence for the team as well

Strategic alignment

Explanation of how this new customer experience supports business and product goals

Personas

Link to user personas

Features

List of features that will ship with this release

Milestones

Cite important dates that will reflect the team's progress

Dependencies

Include any constraints or related work that could impact the release timing

Notes

Open questions, additional background information, and anything else that the team may need quick access to

Release requirements template

The PRD templates above are a good start for small teams. If you find that you outgrow them, consider using Aha! Roadmaps — where you can set product strategy, build visual plans, write user stories, and update documentation all in one place.