A description of all the product characteristics required to fill certain production and/or service needs is called product specification, it is also referred as product specs.
A product specification, often known as a product spec, is an essential product document that outlines the key conditions for creating a new product or feature/functionality.
Concise product specs explain to those working on it what is being developed and why. It also clarifies what the product should accomplish and how that accomplishment will be evaluated. A product specification will also detail any requirements specific to the firm. Target markets and revenue expectations, as well as whether or not the audience will be enlarged, are also discussed.
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