This document discusses building a requirements model and its elements. It explains that a requirements model provides a description of required information, functions, and behaviors for a computer system, and will change as stakeholders' understanding evolves. The model contains scenario-based elements like use cases and user stories, class-based elements like class diagrams that define objects and relationships, behavioral elements like state diagrams that represent system states and events, and flow-oriented elements like data flow diagrams that show how data is transformed through the system.