Ned is the business analyst for the NHQ Company.

 Requirements prioritization is the process of ranking the requirements in the order of their importance or value to the stakeholders and the solution. Requirements prioritization helps to ensure that the most critical and beneficial requirements are implemented first, and that the project focuses on delivering the maximum value to the stakeholders within the available time and resources. Requirements prioritization also helps to manage the scope, schedule, budget, and quality of the project, as well as to handle changes and risks effectively123. References: 1: Five Requirements Prioritization Methods1 2: What is Requirements Prioritization?2 3: The 6 Most Important Requirements Practices3