A product manager plays a crucial role in identifying product requirements and creating a Product Requirement Document (PRD) by understanding market demands, defining the product vision, and ensuring customer needs are met through collaboration with various stakeholders.
The process of creating a PRD involves market research, customer feedback, and stakeholder input to outline product overview, feature breakdown, non-functional requirements, constraints, dependencies, timeline, and milestones.
Best practices for PRD creation include clarity, prioritization, flexibility, and collaboration to align team efforts with market needs and company goals for a successful product launch.
Regularly updating and consulting with stakeholders during the PRD process ensures alignment and addresses concerns early, setting the foundation for a successful product launch.