Which one of the following statements best describes requirements prioritization?

 Requirements prioritization is the process of assigning relative importance and urgency to the requirements based on various factors, such as business value, stakeholder needs, risk, dependency, and feasibility. Requirements prioritization helps to define the solution scope by determining which requirements are essential, which are desirable, and which are optional for the solution. Requirements prioritization can be used with both plan-driven and change-driven approaches to business analysis, depending on the level of certainty and stability of the requirements. Requirements prioritization does not depend on the stakeholder importance, but rather on the stakeholder agreement and alignment on the requirements. References:

BABOK® Guide, p. 54-55

CBAP / CCBA Certified Business Analysis Study Guide, p. 164-165

Certified Business Analysis Professional™ (CBAP®) | Coursera, Course 2, Week 1, Video: “Requirements Prioritization”