Business analyst 101 program Mumbai IndiaDeepak Kadam
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A practical approach to documentation. A PRD (Product Requirement Document) template for both B2B and B2C products. This works well for startups beyond the early stage of product development and for enterprises creating products.
Requirements Diligence: The Cornerstone to Ecommerce Project SuccessElastic Path
For more ecommerce webinars visit us at http://www.elasticpath.com/webinars/archive
Whether you are building your requirements for an in-house developed project or just trying to deciding what to do, requirements are the cornerstone of success and need to go beyond a wish list of needed features and capabilities. This one-hour webinar will cover key strategies and tactics to help you build the most effective, bullet-proof requirements to ensure project success.
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Educaterer India is an unique combination of passion driven into a hobby which makes an awesome profession. We carve the lives of enthusiastic candidates to a perfect professional who can impress upon the mindsets of the industry, while following the established traditions, can dare to set new standards to follow. We don't want you to be the part of the crowd, rather we like to make you the reason of the crowd.
Today's Effort For A Better Tomorrow
Can a TBM, TCM, TQM, TPM, KM, ICM & VCM covering approach using BABOK & PMBOK form a Tally of Business DNA Genome? Where AI Stands? This presentation is just brainstorming. The rest is yet to come.
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Context. You are hired as a new CIO (Chief Information Officer) for a company of your choice. It may be a fictional (e.g., Chappa Foods) or a real organization operating in any industry.
Business analyst 101 program Mumbai IndiaDeepak Kadam
Business analyst Training and certification program Mumbai India
At Ziphertech we have designed a Training program
for students and graduates who aspire to become
business Analysts. A Business Analyst requires niche
skills to become successful in IT industry. Our program
has been designed by veteran IT industry experts who
have combined over 100 years of experience in IT
business analysis. This program will be conducted by
professional Business Analysts from IT industry with a
minimum experience level of 15 years.This program
ensures thorough training and grooming of skills for the candidate to become a
professional Business Analyst. And we never forget to mention that we have trained more
than 400 Business Analysts in just last 2 years.
Contact us - +919004939659 for more Info
A practical approach to documentation. A PRD (Product Requirement Document) template for both B2B and B2C products. This works well for startups beyond the early stage of product development and for enterprises creating products.
Requirements Diligence: The Cornerstone to Ecommerce Project SuccessElastic Path
For more ecommerce webinars visit us at http://www.elasticpath.com/webinars/archive
Whether you are building your requirements for an in-house developed project or just trying to deciding what to do, requirements are the cornerstone of success and need to go beyond a wish list of needed features and capabilities. This one-hour webinar will cover key strategies and tactics to help you build the most effective, bullet-proof requirements to ensure project success.
Featuring: Bernardine Wu, CEO of consultancy, FitForCommerce
Educaterer India is an unique combination of passion driven into a hobby which makes an awesome profession. We carve the lives of enthusiastic candidates to a perfect professional who can impress upon the mindsets of the industry, while following the established traditions, can dare to set new standards to follow. We don't want you to be the part of the crowd, rather we like to make you the reason of the crowd.
Today's Effort For A Better Tomorrow
Can a TBM, TCM, TQM, TPM, KM, ICM & VCM covering approach using BABOK & PMBOK form a Tally of Business DNA Genome? Where AI Stands? This presentation is just brainstorming. The rest is yet to come.
Management information systems individual business/tutorialoutletCleasbyz
FOR MORE CLASSES VISIT
tutorialoutletdotcom
1 2033 Management Information Systems Individual Business Case Assignment
Due: see the course outline
Context. You are hired as a new CIO (Chief Information Officer) for a company of your choice. It may be a fictional (e.g., Chappa Foods) or a real organization operating in any industry.
Ten Tips for Successful Business Analysis Interviews – By Fhyzics, an Endorsed Education Provider (EEP™) of International Institute of Business Analysis (IIBA®), Canada.
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7 Questions to Ask Your Prospective Outsourced Product Development Vendortrigentsoftware
This SlideShare on `7 Questions to Ask Your Prospective Outsourced Product Development Vendor' will help you narrow down your choices for selecting the best outsourcing partner for your product development
This presentation discusses the importance of personal branding in your career search and how to develop one. It then explains how to develop a personal website - the ultimate marketing communications tool.
Rick Steinbrenner - The Global Brand Guy
(Note: the presentation includes two youtube videos. In order to view the presentation with the videos you will need to do three things.
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3) Then view the presentation in slide show and enable the content when the security alert for macros and active X comes up - this may or may not happen depending on your computer settings).
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Table of Contents
Pages
1. Executive Summary DUE WEEK 7……………………………………………….……
2. Company Description Due WEEK 1…………………………………………….……..
3. Strategic Focus and Plan DUE WEEK 1
a. Mission/Vision Statements…………………………………………………………..
b. Goals…………………………………………………………………………………..
c. Core Competency and Sustainable Competitive Advantage………………….…
4. Situation Analysis DUE WEEK 4
a. SWOT analysis
Internal Strengths and Weaknesses…………………………………………...
External Opportunities and Threats…………………………………………….
b. Industry Analysis………………………………………………………………………
c. Competitor Analysis…………………………………………………………………..
d. Company Analysis…………………………………………………………………….
e. Customer Analysis…………………………………………………………………….
5. Market-Product Focus DUE WEEK 4
a. Marketing and Product Objectives…………………………………………………..
b. Target Markets………………………………………………………………………...
c. Points of Difference……………………………………………………………………
d. Positioning……………………………………………………………………………...
6. Marketing Program DUE WEEK 5
a. Product Strategy……………………………………………………………………….
b. Price Strategy…………………………………………………………………………..
c. Promotion Strategy…………………………………………………………………….
d. Place (Distribution) Strategy………………………………………………….……….
7. Financial Data and Projections DUE WEEK 5
a. Past Sales Revenues…………………………………………………………….……
b. Five-Year Projections…………………………………………………………….……
8. Organizational Structure DUE WEEK 7………………………………………………….
9. Implementation DUE WEEK 7…………………………………………………………….
10. Evaluation and Control DUE WEEK 7……………………………………………………
11. Bibliography DUE WEEKS 1, 4, 5 & 7........................................................................
48
MP-1: Marketing Plan Outline
CASE STUDY 1 converting data into business value at volvo
“We’re now capturing massive amounts of data from our vehicles,” says Volvo Car Corporation’s Rich Strader.“And there is a compelling opportunity to turn that resource into something that not only helps us build better cars, but also helps the customer have a better experience.”
Strader, who has just completed a 12-month stint in the CIO’s chair at Volvo, is convinced that, in a world where many consumers now value smart tech as much as automotive engineering, manufacturers need to create vehicles that are, in effect, highly connected, data-rich IT environments. With hundreds of sensors and CPUs embedded throughout the car — from the brakes to the central locking system — data is now being captured for use within the vehicle itself, and also, increasingly, for transmission via the cloud back to the manufacturer.
At Volvo, those huge volumes are streamed into a centralized analysis hub, the Volvo Data Warehouse, alongside data from customer relationship systems, dealership systems, and product development and design systems. And Volvo’s ability to draw insight from this multi-terabyte resource is creating clear business advantage, says Strader, who has now ...
Effective marketing of business software to executive decision makers is increasingly challenging. With broad adoption of software as a service (SaaS), and high valuations for independent software vendors (ISVs), competition has grown dramatically over the last decade. Today, over 6,000 vendors compete in more than 300 software categories*.
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With decades of combined experience in software marketing, Modern Marketing Partners can provide you a competitive edge to grow your business now or in the future. Contact us at 630-868-5060 to discuss your needs and start improving your sales.
The What, Why & How of 3D and AR in Digital CommercePushON Ltd
Vladimir Mulhem has over 20 years of experience in commercialising cutting edge creative technology across construction, marketing and retail.
Previously the founder and Tech and Innovation Director of Creative Content Works working with the likes of Next, John Lewis and JD Sport, he now helps retailers, brands and agencies solve challenges of applying the emerging technologies 3D, AR, VR and Gen AI to real-world problems.
In this webinar, Vladimir will be covering the following topics:
Applications of 3D and AR in Digital Commerce,
Benefits of 3D and AR,
Tools to create, manage and publish 3D and AR in Digital Commerce.
Top 3 Ways to Align Sales and Marketing Teams for Rapid GrowthDemandbase
In this session, Demandbase’s Stephanie Quinn, Sr. Director of Integrated and Digital Marketing, Devin Rosenberg, Director of Sales, and Kevin Rooney, Senior Director of Sales Development will share how sales and marketing shapes their day-to-day and what key areas are needed for true alignment.
Mastering Local SEO for Service Businesses in the AI Era is tailored specifically for local service providers like plumbers, dentists, and others seeking to dominate their local search landscape. This session delves into leveraging AI advancements to enhance your online visibility and search rankings through the Content Factory model, designed for creating high-impact, SEO-driven content. Discover the Dollar-a-Day advertising strategy, a cost-effective approach to boost your local SEO efforts and attract more customers with minimal investment. Gain practical insights on optimizing your online presence to meet the specific needs of local service seekers, ensuring your business not only appears but stands out in local searches. This concise, action-oriented workshop is your roadmap to navigating the complexities of digital marketing in the AI age, driving more leads, conversions, and ultimately, success for your local service business.
Key Takeaways:
Embrace AI for Local SEO: Learn to harness the power of AI technologies to optimize your website and content for local search. Understand the pivotal role AI plays in analyzing search trends and consumer behavior, enabling you to tailor your SEO strategies to meet the specific demands of your target local audience. Leverage the Content Factory Model: Discover the step-by-step process of creating SEO-optimized content at scale. This approach ensures a steady stream of high-quality content that engages local customers and boosts your search rankings. Get an action guide on implementing this model, complete with templates and scheduling strategies to maintain a consistent online presence. Maximize ROI with Dollar-a-Day Advertising: Dive into the cost-effective Dollar-a-Day advertising strategy that amplifies your visibility in local searches without breaking the bank. Learn how to strategically allocate your budget across platforms to target potential local customers effectively. The session includes an action guide on setting up, monitoring, and optimizing your ad campaigns to ensure maximum impact with minimal investment.
Come learn how YOU can Animate and Illuminate the World with Generative AI's Explosive Power. Come sit in the driver's seat and learn to harness this great technology.
Is AI-Generated Content the Future of Content Creation?Cut-the-SaaS
Discover the transformative power of AI in content creation with our presentation, "Is AI-Generated Content the Future of Content Creation?" by Puran Parsani, CEO & Editor of Cut-The-SaaS. Learn how AI-generated content is revolutionizing marketing, publishing, education, healthcare, and finance by offering unprecedented efficiency, creativity, and scalability.
Understanding
AI-Generated Content:
AI-generated content includes text, images, videos, and audio produced by AI without direct human involvement. This technology leverages large datasets to create contextually relevant and coherent material, streamlining content production.
Key Benefits:
Content Creation: Rapidly generate high-quality content for blogs, articles, and social media.
Brainstorming: AI simulates conversations to inspire creative ideas.
Research Assistance: Efficiently summarize and research information.
Market Insights:
The content marketing industry is projected to grow to $17.6 billion by 2032, with AI-generated content expected to dominate over 55% of the market.
Case Study: CNET’s AI Content Controversy:
CNET’s use of AI for news articles led to public scrutiny due to factual inaccuracies, highlighting the need for transparency and human oversight.
Benefits Across Industries:
Marketing: Personalize content at scale and optimize engagement with predictive analytics.
Publishing: Automate content creation for faster publication cycles.
Education: Efficiently generate educational materials.
Healthcare: Create accurate content for patients and professionals.
Finance: Produce timely financial content for decision-making.
Challenges and Ethical Considerations:
Transparency: Disclose AI use to maintain trust.
Bias: Address potential AI biases with diverse datasets.
SEO: Ensure AI content meets SEO standards.
Quality: Maintain high standards to prevent misinformation.
Conclusion:
AI-generated content offers significant benefits in efficiency, personalization, and scalability. However, ethical considerations and quality assurance are crucial for responsible use. Explore the future of content creation with us and see how AI is transforming various industries.
Connect with Us:
Follow Cut-The-SaaS on LinkedIn, Instagram, YouTube, Twitter, and Medium. Visit cut-the-saas.com for more insights and resources.
For too many years marketing and sales have operated in silos...while in some forward thinking companies, the two organizations work together to drive new opportunity development and revenue. This session will explore the lessons learned in that beautiful dance that can occur when marketing and sales work together...to drive new opportunity development, account expansion and customer satisfaction.
No, this is not a conversation about MQLs and SQLs. Instead we will focus on a framework that allows the two organizations to drive company success together.
Core Web Vitals SEO Workshop - improve your performance [pdf]Peter Mead
Core Web Vitals to improve your website performance for better SEO results with CWV.
CWV Topics include:
- Understanding the latest Core Web Vitals including the significance of LCP, INP and CLS + their impact on SEO
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How to Use AI to Write a High-Quality Article that Ranksminatamang0021
In the world of content creation, many AI bloggers have drifted away from their original vision, resulting in low-quality articles that search engines overlook. Don't let that happen to you! Join us to discover how to leverage AI tools effectively to craft high-quality content that not only captures your audience's attention but also ranks well on search engines.
Disclaimer: Some of the prompts mentioned here are the examples of Matt Diggity. Please use it as reference and make your own custom prompts.
Everyone knows the power of stories, but when asked to come up with them, we struggle. Either we second guess ourselves as to the story's relevance, or we just come up blank and can't think of any. Unlocking Everyday Narratives: The Power of Storytelling in Marketing will teach you how to recognize stories in the moment and to recall forgotten moments that your audience needs to hear.
Key Takeaways:
Understand Why Personal Stories Connect Better
How To Remember Forgotten Stories
How To Use Customer Experiences As Stories For Your Brand
In this presentation, Danny Leibrandt explains the impact of AI on SEO and what Google has been doing about it. Learn how to take your SEO game to the next level and win over Google with his new strategy anyone can use. Get actionable steps to rank your name, your business, and your clients on Google - the right way.
Key Takeaways:
1. Real content is king
2. Find ways to show EEAT
3. Repurpose across all platforms
Videos are more engaging, more memorable, and more popular than any other type of content out there. That’s why it’s estimated that 82% of consumer traffic will come from videos by 2025.
And with videos evolving from landscape to portrait and experts promoting shorter clips, one thing remains constant – our brains LOVE videos.
So is there science behind what makes people absolutely irresistible on camera?
The answer: definitely yes.
In this jam-packed session with Stephanie Garcia, you’ll get your hands on a steal-worthy guide that uncovers the art and science to being irresistible on camera. From body language to words that convert, she’ll show you how to captivate on command so that viewers are excited and ready to take action.
Digital Commerce Lecture for Advanced Digital & Social Media Strategy at UCLA...Valters Lauzums
E-commerce in 2024 is characterized by a dynamic blend of opportunities and significant challenges. Supply chain disruptions and inventory shortages are critical issues, leading to increased shipping delays and rising costs, which impact timely delivery and squeeze profit margins. Efficient logistics management is essential, yet it is often hampered by these external factors. Payment processing, while needing to ensure security and user convenience, grapples with preventing fraud and integrating diverse payment methods, adding another layer of complexity. Furthermore, fulfillment operations require a streamlined approach to handle volume spikes and maintain accuracy in order picking, packing, and shipping, all while meeting customers' heightened expectations for faster delivery times.
Amid these operational challenges, customer data has emerged as an important strategy. By focusing on personalization and enhancing customer experience from historical behavior, businesses can deliver improved website and brand experienced, better product recommendations, optimal promotions, and content to meet individual preferences. Better data analytics can also help in effectively creating marketing campaigns, improving customer retention, and driving product development and inventory management.
Innovative formats such as social commerce and live shopping are beginning to impact the digital commerce landscape, offering new ways to engage with customers and drive sales, and may provide opportunity for brands that have been priced out or seen a downturn with post-pandemic shopping behavior. Social commerce integrates shopping experiences directly into social media platforms, tapping into the massive user bases of these networks to increase reach and engagement. Live shopping, on the other hand, combines entertainment and real-time interaction, providing a dynamic platform for showcasing products and encouraging immediate purchases. These innovations not only enhance customer engagement but also provide valuable data for businesses to refine their strategies and deliver superior shopping experiences.
The e-commerce sector is evolving rapidly, and businesses that effectively manage operational challenges and implement innovative strategies are best positioned for long-term success.
When most people in the industry talk about online or digital reputation management, what they're really saying is Google search and PPC. And it's usually reactive, left dealing with the aftermath of negative information published somewhere online. That's outdated. It leaves executives, organizations and other high-profile individuals at a high risk of a digital reputation attack that spans channels and tactics. But the tools needed to safeguard against an attack are more cybersecurity-oriented than most marketing and communications professionals can manage. Business leaders Leaders grasp the importance; 83% of executives place reputation in their top five areas of risk, yet only 23% are confident in their ability to address it. To succeed in 2024 and beyond, you need to turn online reputation on its axis and think like an attacker.
Key Takeaways:
- New framework for examining and safeguarding an online reputation
- Tools and techniques to keep you a step ahead
- Practical examples that demonstrate when to act, how to act and how to recover
The Secret to Engaging Modern Consumers: Journey Mapping and Personalization
In today's digital landscape, understanding the customer's journey and delivering personalized experiences are paramount. This masterclass delves into the art of consumer journey mapping, a powerful technique that visualizes the entire customer experience across touchpoints. Attendees will learn how to create detailed journey maps, identify pain points, and uncover opportunities for optimization. The presentation also explores personalization strategies that leverage data and technology to tailor content, products, and experiences to individual customers. From real-time personalization to predictive analytics, attendees will gain insights into cutting-edge approaches that drive engagement and loyalty.
Key Takeaways:
Current consumer landscape; Steps to mapping an effective consumer journey; Understanding the value of personalization; Integrating mapping and personalization for success; Brands that are getting It right!; Best Practices; Future Trends
Mastering Multi-Touchpoint Content Strategy: Navigate Fragmented User JourneysSearch Engine Journal
Digital platforms are constantly multiplying, and with that, user engagement is becoming more intricate and fragmented.
So how do you effectively navigate distributing and tailoring your content across these various touchpoints?
Watch this webinar as we dive into the evolving landscape of content strategy tailored for today's fragmented user journeys. Understanding how to deliver your content to your users is more crucial than ever, and we’ll provide actionable tips for navigating these intricate challenges.
You’ll learn:
- How today’s users engage with content across various channels and devices.
- The latest methodologies for identifying and addressing content gaps to keep your content strategy proactive and relevant.
- What digital shelf space is and how your content strategy needs to pivot.
With Wayne Cichanski, we’ll explore innovative strategies to map out and meet the diverse needs of your audience, ensuring every piece of content resonates and connects, regardless of where or how it is consumed.
Most small businesses struggle to see marketing results. In this session, we will eliminate any confusion about what to do next, solving your marketing problems so your business can thrive. You’ll learn how to create a foundational marketing OS (operating system) based on neuroscience and backed by real-world results. You’ll be taught how to develop deep customer connections, and how to have your CRM dynamically segment and sell at any stage in the customer’s journey. By the end of the session, you’ll remove confusion and chaos and replace it with clarity and confidence for long-term marketing success.
Key Takeaways:
• Uncover the power of a foundational marketing system that dynamically communicates with prospects and customers on autopilot.
• Harness neuroscience and Tribal Alignment to transform your communication strategies, turning potential clients into fans and those fans into loyal customers.
• Discover the art of automated segmentation, pinpointing your most lucrative customers and identifying the optimal moments for successful conversions.
• Streamline your business with a content production plan that eliminates guesswork, wasted time, and money.
It's another new era of digital and marketers are faced with making big bets on their digital strategy. If you are looking at modernizing your tech stack to support your digital evolution, there are a few can't miss (often overlooked) areas that should be part of every conversation. We'll cover setting your vision, avoiding siloes, adding a democratized approach to data strategy, localization, creating critical governance requirements and more. Attendees will walk away with actions they can take into initiatives they are running today and consider for the future.
1. On product management, marketing & the high-tech business - by Michael Shrivathsan, a product management &
marketing expert in Silicon Valley, USA. No agenda, nothing to sell - just a shared journey for knowledge. Hop on!
« Create Successful Products by 'Getting in the Van' | Main | The Soul of Your Product - Know What It Is? »
Requirements Document Alphabet Soup - Explained
3 Comments Latest comment by: Josh Thomson
reddit | digg it! | del.icio.us
Earlier this week I got a friendly email from a reader. She asked me whether I could write an article comparing
the different requirements document formats used in the software industry. You know - BRD, MRD, PRD, FSD,
PSD, SRS, IRS, etc.
I'm frequently asked many variations of this question - so I'll try and explain all of these briefly in this article.
Well, all except that last one!
Alphabet Soup
If you're like me, you grew up with a variety of alphabet snacks - alphabet cereals, alphabet biscuits, alphabet
soup, and many other snacks shaped like alphabets. I guess most of us must have really liked them - or were
really tormented by them! I don't know which one for sure - but the net effect is they seem to have had a
deep influence on most of us.
Now we're all grown up and rarely eat those alphabet snacks any more - but in nearly every profession, the
industry jargon is an alphabet soup overrun by TLA's (three letter acronyms). FBW (for better or worse)!
Product management and product marketing is no different - especially when it comes to requirements
documents. We have BRD, MRD and PRD; we also have FSD, PSD and SRS; and many different variations of
these.
As if that is not enough, all organizations do not use these terms in the same way. What one organization calls
MRD, another may call PRD. Sometimes I can't help but LOL (laugh out loud) when I see yet another new TLA.
That said, let us try and get our hands around these.
Useless Trivia Question: Using only the uppercase alphabets in English, how many different TLA's
can you create?
P.S. If you got this far and don't know what TLA stands for, shame on you! Please reread from the
start, will ya?
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Michael on Product Management & Marketing: Requirements Docume... http://michael.hightechproductmanagement.com/2006/08/requirement...
1 of 7 3/31/12 10:54 AM
2. All The News That's Fit to Print - About Requirements Document Acronyms
Let us take a quick look at the most common acronyms used while referring to requirements documents:
BRD1.
MRD2.
PRD3.
FSD4.
PSD5.
SRS6.
BRD - Business Requirements Document
A Business Requirements Document (BRD) focuses on defining the business needs of a project.
The BRD identifies one or more business problems faced by customers that can be solved by the
company's product. It then proposes a solution - usually a new product or enhancement to an
existing product to address these problems.
It may also include a high-level business case -- such as revenue forecast, market & competitive
analysis, and sales/marketing strategy.
It is usually written by someone with the title of Product Manager, Product Marketing Manager or
Business Analyst. In small companies, it may be written by senior execs or even founders.
It is usually a Word document running 1-3 pages, or a PowerPoint document running no more
than 10 slides.
Example:
Let us assume your company is developing a customer relationship management (CRM)
software.
The BRD may focus on problems faced by sales managers in keeping track of all ongoing deals
and being able to create reliable forecasts. It may identify:
Who have the pains
Sales Managers at Fortune-500 companies
What the pains are
No real-time visibility into deal status
Inability to create reliable forecasts
Proposed solution
Create web-based software to track deals and create forecasts
1.
MRD - Market Requirements Document2.
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2 of 7 3/31/12 10:54 AM
3. Like This Article?
Why not share it with
friends and colleagues?
Just click here...
A Market Requirements Document (MRD) focuses on defining the market requirements for a
proposed new product or enhancement to an existing product.
Whereas the BRD identifies business problems and solutions to those problems - the MRD delves
deeper into the details of the proposed solution. It may include some or all of these details:
Features required to solve the business problemsa.
Market and competitive analysisb.
Functional and non-functional requirementsc.
Prioritization of features/requirementsd.
Use casese.
It is usually written by someone with the title of Product Manager, Product Marketing Manager or
Business Analyst.
It is usually a Word document running 5-25 pages, or even longer in some organizations as
described later.
Example:
Let us continue with the above example of a company developing a customer relationship
management (CRM) software.
The MRD may focus on identifying and prioritizing requirements, as well as describing use cases.
Requirements include functional and non-functional requirements such as:
Functional Requirements
Must work in Internet Explorer (version 6.0 and above) and Firefox (versions 1.5
and above)
Must use SSL to ensure security
...
User should be able to enter data through browser interface for: customers,
companies, contacts, opportunities, deal size, etc.
Non-Functional Requirements
Must be able to support up to 100,000 simultaneous users
Must have uptime of greater than 99.9%
...
Need comprehensive user guide in English, German and Japanese
Please check out this article on writing MRDs for further details.
Alert: Some organizations combine MRD and PRD as described here into one document,
and call the resulting document MRD. In this case, the MRD will include what is described
in this section as well as what is described in the PRD section below - and may run more
than 50 pages.
Michael on Product Management & Marketing: Requirements Docume... http://michael.hightechproductmanagement.com/2006/08/requirement...
3 of 7 3/31/12 10:54 AM
4. PRD - Product Requirements Document
A Product Requirements Document (PRD) focuses on defining the product requirements for a
proposed new product or enhancement to an existing product.
Whereas the MRD focuses on requirements from the perspective of market needs, PRD focuses
on requirements from the perspective of the product itself. It usually delves into more details on
features and functional requirements, and may also include screen shots and user interface
flows.
In organizations where the MRD doesn't include detailed requirements and use cases, the PRD
covers those details.
It is usually written by someone with the title of Product Manager, Business Analyst or Product
Analyst.
It is usually a Word document running 20-50 pages, or even longer for complex products.
Example:
Let us continue with the above example of a company developing a customer relationship
management (CRM) software.
The PRD may focus on detailed requirements such as:
Login screen should include username and password fields. It should also include a 'Forgot
Password' link.
'Contacts' screen should include fields for first name, last name, phone, email,...
...
'Forecast' screen should have a 5-step wizard that walks user through the steps required
to create annual forecasts. Each step should be as described below...
The PRD may also include detailed use cases.
Alert: Some organizations combine PRD and MRD as described here into one document,
and call the resulting document PRD. In this case, the PRD will include what is described
in this section as well as what is described in the MRD section above.
3.
FSD - Functional Specifications Document4.
Michael on Product Management & Marketing: Requirements Docume... http://michael.hightechproductmanagement.com/2006/08/requirement...
4 of 7 3/31/12 10:54 AM
5. A Functional Specifications Document (FSD) defines the complete details of a product's
functional requirements with a focus on implementation. FSD may define the product
specifications screen by screen and feature by feature. This is a document that can be directly
used by engineers to create the product.
Whereas the MRD and PRD focus on requirements from the perspective of market needs and
product, FSD focuses on defining the product details in a form that can be implemented by
engineers. FSD may also include complete screen shots and UI design details.
It is usually written by someone with the title of Product Analyst, Engineering Lead, or Program
Manager - the author(s) usually belong to the engineering department.
It is usually a Word or similar document running several dozen pages.
PSD - Product Specifications Document
Product Specifications Document (PSD) is a less popular acronym, but in organizations that have
such a document, it is by and large the same as the Functional Specifications Document (FSD)
described above.
5.
SRS - Software Requirements Specification
A Software Requirements Specification (SRS) is another less popular acronym. In organizations
that create an SRS, it has contents and details somewhere close to what is described above for
PRD or FSD.
6.
Okay, there you have it - 6 requirement document acronyms deconstructed and explained. Just want to alert
you again - all organizations do not use these terms in the same way. Think of these documents as points on a
spectrum. Each organization defines which documents to create and where in the spectrum those documents
fall - depending on what best fits their unique needs.
Useless Trivia Answer: Using only the uppercase alphabets in English, the total number of TLA's
(three letter acronyms) you can create equals:
26³ = 17,576.
You know what this means, right? Be mentally prepared to learn another 17,570 TLA's related to
requirements documents.
Alrighty then - our tour through the wonderful land of requirements document acronyms is over. As Tigger
would say, TFN (ta-ta for now)!
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About the Author: I'm your author, Michael Shrivathsan, an expert in product management and product
marketing with successful experience spanning two decades. I live in Silicon Valley, USA. For my day job, I
manage the product management & marketing teams at Accompa, makers of requirements management
software and product management tools.
Posted by michael on August 19, 2006 05:30 PM | Permalink | 3 Comments | Post Comment | Email Friend
Michael, this is excellent timing. In my new company, we are in the process of defining requirement
documents and responsibilities in our product management and engineering teams, so this is very valuable
input.
I agree 200% with your point: "all organizations do not use these terms in the same way. Think of these
documents as points on a spectrum. Each organization defines which documents to create and where in the
spectrum those documents fall - depending on what best fits their unique needs."
Sometimes people think that there is one right way. But there is not, it depends on company size, product life
cycle, plus other factors. Nice post.
Posted by: Kevin | August 19, 2006 11:15 PM
Early this year, I wrote about how requirements document proliferation is an indication of just how much
confusion there is about requirements.
Hi Roger,
Thanks for the link!
I highly recommend Roger's post, check it out.
I see the point in his sentiment "In the final analysis, there may be some merit in some cases to
producing different requirements documents. But I think that it mostly exemplifies the confusions
about requirements...".
This is partly why I personally recommend writing just one document called MRD which can cover
everything described above in BRD, MRD and PRD. Of course, this is only possible in smaller
organizations.
In larger organizations, different people (with different job titles) write each document - so it may not
be possible to combine into one document.
- Michael
Posted by: Roger L. Cauvin | August 20, 2006 08:57 AM
In your response to Roger, you said:
---quote---
(December 17, 2006) Seven Traits of Successful Product Managers
(November 13, 2006) Five Tips for Creating Products With Kick-Butt Design
(October 25, 2006) The Soul of Your Product - Know What It Is?
(August 19, 2006) Requirements Document Alphabet Soup - Explained
(August 06, 2006) Create Successful Products by 'Getting in the Van'
Go to archives of all articles >
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COMMENTS
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7. This is partly why I personally recommend writing just one document called MRD which can cover everything
described above in BRD, MRD and PRD. Of course, this is only possible in smaller organizations.
---quote---
What do you see as the "cons" of having multiple requirements documents in smaller organizations such as
my company?
Hi Josh,
That is a very good question.
The main reason is:
In smaller companies it is likely that the same person writes all these documents.
If that is the case, it is much easier to write, read and maintain if requirements are contained in one
document.
- Michael
Posted by: Josh Thomson | August 21, 2006 09:15 PM
essay writer wrote: It is always better at first o write and then to talk about the subjec... [more]
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Dilawar wrote: Michael, Nice article. I totally agree with you that User, and User I... [more]
On: Five Tips for Creating Products With Kick-Butt Design
Mickey Mixon wrote: Great design is about sweating all the details - so that when our user... [more]
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