The following are some of the top benefits of having well written SharePoint requirements:
1) Establish the basis for agreement between the stakeholders and the developers on what the product is to do
2) Reduce the development effort because less rework is required to address poorly written, missing, and misunderstood requirements
3) Provide a basis for estimating costs and schedules
4) Provide a baseline for verification and validation
5) Facilitate transfer between applicable teams whom will be completing work segments
6) Serve as a basis for future enhancements
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