The document discusses the prototype model of software development. It notes some disadvantages of traditional sequential models, including that requirements often change and freezing designs early is not suitable for long-term projects. The prototype model involves building a working prototype to test the process early, get user feedback, and refine requirements before full development. This allows errors and missing functionality to be identified earlier. While it can be a slower process with more client involvement, it provides a better understanding of the system and reduces time needed after finalizing requirements.