It also enlists the requirements for the product to be developed. The SRS lists down the requirements and the environment required for the product to function. Proper understanding of the goals of the product is required to be done so as to reduce the cost, time and efforts of redesigning the product that may be required to be carried out due to any misunderstanding with regards to the product. The preparation of the SRS needs to be done with proper thinking as the document forms the basis of agreement between the client and the developer and later also serves as a basis of contract between the client and its customers. It gives a detailed overview of the software product, its parameters and goals. It is documented by the developer of the software for the clients and users and describes the purpose of the software. Software Requirement Software Requirement Specification (SRS) is a descriptive note about the software that is under development.
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