What are product specifications? Guide, examples, and template

A product specification is a crucial document in product management that outlines the characteristics, features, and functionality of a product, serving as a blueprint for its design, development, and testing. It is intended to ensure that everyone involved in the product development process understands the requirements and that the final product meets customer needs and expectations. This document typically includes sections on kickoff, scope, product design, testing plans, release plans, and maintenance management. While product specifications can foster alignment and collaboration among teams, they are most effective when integrated with a dynamic discovery process that involves stakeholders and customers to validate problems and solutions. The guide emphasizes that product specification is not a simple solution but a tool that aids in navigating the complex and iterative nature of product development, ultimately contributing to better digital experiences.