Output 5 Page 1 is the most important page of the whole project as it serves the purpose of making your portfolio a single and cohesive piece of work. It is the bridge between Part (A) and Part (B) which if done well will tie everything together but if done badly can make the project seem like it is two completely separate pieces of work. Output 7 Page 2 gives you your best opportunity to really show off your creativity so make sure you make the most of it. This is not an output to be rushed, time spent here will pay off more than anywhere else in the Student Assignment.
DCGist Advice: Take your time to write your requirements, draft them, redraft them, get them right! You will talk about them constantly throughout the rest of your project.
Important; Your design requirements are so important because they tie the project together, give you concrete criteria to design around and they make the rest of the project so much easier to structure. Take your time with them and get them right, you won't regret it!