Which technique is used for prioritizing requirements?

The MoSCoW prioritization technique is a widely used method for prioritizing requirements because it categorizes them into four distinct groups: Must have, Should have, Could have, and Won't have this time. This framework allows stakeholders to clearly communicate their needs and the relative importance of different requirements in a project. By classifying requirements in this manner, teams can focus on delivering essential features first, ensuring that the most critical aspects of a project are addressed within the available timeframe and resources. This approach fosters efficient decision-making and aligns the project scope with business priorities.

In contrast, the other techniques are not primarily focused on prioritization. Risk matrix analysis assesses the risks associated with various project elements, critical path analysis is used for project scheduling by identifying the longest path of dependent activities, and Fishbone diagrams are employed for root cause analysis, not for prioritizing requirements.