Requirements prioritization is the process of assigning relative importance or urgency to the requirements based on various criteria, such as business value, risk, dependency, cost, complexity, stakeholder preference, or regulatory compliance. Requirements prioritization is not limited to any specific approach to business analysis, such as plan-driven or change-driven, but it can be applied differently depending on the context and the level of uncertainty. Requirements prioritization helps to determine which requirements are essential, desirable, or optional for the solution scope, and how they will be addressed in the solution delivery. Requirements prioritization also helps to manage the expectations of the stakeholders and to resolve any conflicts or trade-offs among the requirements. References:
CCBA Handbook, page 18
[BABOK Guide], page 54
[Business Analysis for Practitioners: A Practice Guide], page 63
[Business Analysis: The Question and Answer Book], page 30
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