Prioritization of the Feature Set
Agile projects align around the concept of a Minimal Viable Product (MVP). The MVP are those features broken into user stories that will deliver the minimum value to a client. Minimum value focuses on the must-haves and categories down to want to have this product feature. Want have features are features that may be considered in future projects. Want to haves are not removed from the backlog but, archived for later consideration.
Using the MosCoW approach, features can be ranked as:
Must Haves
Should have
Could haves and
Want to have.
Will not have
While the product owner is responsible for prioritization of the feature set, this individual does not solely make the decisions. The product owner must communicate with the primary stakeholder to understand if there are market pressures for release of features.
Recommended Further Reading
The following materials may assist you in order to get the most out of this course: