The document discusses the prototyping model of software development. It describes prototyping as building a toy or crude initial version of the software to get early user feedback before developing the actual system. The key steps are requirements gathering, quick design, building the prototype, user evaluation and refinement, then iterative development and engineering of the final product. Advantages include early user assessment, gaining insight, and clarifying requirements. Disadvantages include the potential for increased time/costs if multiple prototypes are needed and losing focus on quality.