The project requirements document defines the specifications for product/output of the project and is key for managing expectations, controlling scope, and completing other planning efforts.

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The statement is true. The project requirements document is a crucial component of project management, as it outlines the specific deliverables and objectives of the project, and helps to ensure that everyone involved is on the same page regarding what needs to be accomplished. This document is used to manage expectations, control scope, and guide planning efforts throughout the project lifecycle.

The Project Requirements Document Defines the Specifications for Product/output of the Project