MoSCoW prioritization classifies project requirements into four categories: Must-Have (essential for project success), Should-Have (important but not critical), Could-Have (desirable but optional), and Won’t-Have (excluded from the current scope). This method ensures teams focus on delivering the most critical elements while managing scope and resources effectively. Stakeholders collaborate to define priorities, enabling transparent decision-making and alignment with strategic goals. MoSCoW enhances communication, prevents over-commitment, and supports iterative delivery by emphasizing high-value features, making it a powerful tool for managing project expectations and achieving business objectives.

Check out this course on LinkedIn Learning for more about MoSCoW prioritization: Applying Agile MoSCoW Prioritization