Prioritization techniques are used to optimize the value of deliverables and maximize return on investment. Value-based prioritization is used in backlog grooming, release planning, and iteration planning.
What is Prioritization Techniques
Prioritization techniques are used in collaboration with stakeholders to set priorities for each unit of work to optimize the value of deliverables and maximize return on investment. Some of the prioritization techniques include: Numerical assignment, analytical hierarchical process (AHP), 100 point or cumulative voting method, monopoly money, MoSCoW, Kano analysis model, Wiegers’ method, Requirements prioritization framework, and balancing risk and value.
Business value, risk and costs are some of the common factors used in prioritization. These prioritization factors are typically considered when prioritizing requirements, features, improvements, defects, and technical work elements.
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