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Requirements document builds a bridge between two different islands - customers/consumers and software development team. If the bridge (i.e. requirements document) is not strong, it is highly likely for the project to fail wasting time and budget at the end. True, requirements analysis takes time and effort up front - this is probably one reason why software development teams jump right into development without analyzing the requirements the stakeholders - but this investment up front will help to build a product that meets the needs of your customers. What is the point of building a super duper product incorporating all cool features but neglecting customer requirements?
Requirement document is most important document during each product development. but still, many clients and team don't give high priority to this. everyone is the focus to develop the product asap without looking into the requirement document.
So every development team should read requirement document carefully and understand it. create query sheet for doubts and discuss with stakeholders and business partners to understand the requirement clear.
