Ranking Requirements Using MoSCoW Methodology in Practice

Requirement prioritization is performed in order to analyze business requirements and to define the required capabilities leading to potential solutions that will fulfill stakeholder needs. During the analysis, the needs and informal concerns are transformed into formal solution requirements describing the behavior of solution components in details. The developed models can describe the current state of the organization and are used for validating the solution scope among mangers and stakeholders. This facilitates identification of open opportunities for improvement or assists stakeholders in understanding the current state. Several techniques have been applied for requirements prioritization in a case study of the conventional commercial bank where the main problems of the communication management process have been formulated and illustrated by the fishbone diagram. The MoSCoW technique has been applied to identification of four requirement groups, whose impact on the results principally differ within the scope of the identified problems. The obtained list of prioritized requirements should be used on next project stages since it will be exploited by the managers during their planning future jobs on the solution implementation. The paper results are aimed at helping the stakeholders develop a common point of view on the strategic goals of the project.