Definition: Prioritization is the process by which a set of items are ranked in order of importance. In product management, initiatives that live in the backlog must be prioritized as a means of deciding what should be developed next. There are a number of prioritization methods commonly used by product managers, such as:
- Kano Model
- Weighted Scoring
- Opportunity Scoring
- MOSCOW
- Value vs. Complexity
- …and many more.
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