MoSCoW Method
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MoSCoW Method
The MoSCoW method is a prioritization technique used in management, business analysis, project management, and software development to reach a common understanding with stakeholders on the importance they place on the delivery of each requirement; it is also known as ''MoSCoW prioritization'' or ''MoSCoW analysis''. The term ''MOSCOW'' itself is an acronym derived from the first letter of each of four prioritization categories: M - ''Must have'', S - ''Should have'', C - ''Could have'', W - ''Won't have''. The interstitial ''O''s are added to make the word pronounceable. While the ''O''s are usually in lower-case to indicate that they do not stand for anything, the all-capitals ''MOSCOW'' is also used. Background This prioritization method was developed by Dai Clegg in 1994 for use in rapid application development (RAD). It was first used extensively with the dynamic systems development method (DSDM) from 2002. MoSCoW is often used with timeboxing, where a deadline is fix ...
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Business Analysis
Business analysis is a professional discipline of identifying business needs and determining solutions to business problems. Solutions often include a software-systems development component, but may also consist of process improvements, organizational change or strategic planning and policy development. The person who carries out this task is called a business analyst or BA. Business analysts do not work solely on developing software systems. But work across the organisation, solving business problems in consultation with business stakeholders. Whilst most of the work that business analysts do today relate to software development/solutions, this derives from the ongoing massive changes businesses all over the world are experiencing in their attempts to digitise. Although there are different role definitions, depending upon the organization, there does seem to be an area of common ground where most business analysts work. The responsibilities appear to be: * To investigate busine ...
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Minimum Viable Product
A minimum viable product (MVP) is a version of a product with just enough features to be usable by early customers who can then provide feedback for future product development. A focus on releasing an MVP means that developers potentially avoid lengthy and (possibly) unnecessary work. Instead, they iterate on working versions and respond to feedback, challenging and validating assumptions about a product's requirements. The term was coined and defined in 2001 by Frank Robinson and then popularized by Steve Blank and Eric Ries.W. S. Junk,The Dynamic Balance Between Cost, Schedule, Features, and Quality in Software Development Projects, Computer Science Dept., University of Idaho, SEPM-001, April 2000. It may also involve carrying out market analysis beforehand. The MVP is analogous to experimentation in the scientific method applied in the context of validating business hypotheses. It is utilized so that prospective entrepreneurs would know whether a given business idea would actu ...
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Buy A Feature Prioritization Method
Buy may refer to a trade, i.e., an exchange of goods and services via bartering or a monetary purchase. The term may also refer to: Places *Buy (inhabited locality), any of several inhabited localities in Russia * Burlington-Alamance Regional Airport, FAA airport code "BUY" *Buy (river), a river in Perm Krai and the republics of Bashkortostan and Udmurtia in Russia *Bunbury Airport, IATA airport code "BUY" Other uses * ''Buy'' (album), 1979 album by James Chance and the Contortions *Buy, slang for believe, find credible, be convinced *Buy.com, a shopping website founded in 1997; renamed Rakuten.com in 2010 See also * Acquisition (other) * Bui (other) * Bouy (other) * Buoy (other) * Procurement * Purchase (other) * Purchasing * Trade (other) Trade is the voluntary exchange of goods, services, or both. Trade or trading may also refer to: Geography * Trade, Tennessee, an unincorporated community, United States * Trade City, ...
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Cost Of Delay Prioritization Method
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something or deliver a service, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost. In this case, money is the input that is gone in order to acquire the thing. This acquisition cost may be the sum of the cost of production as incurred by the original producer, and further costs of transaction as incurred by the acquirer over and above the price paid to the producer. Usually, the price also includes a mark-up for profit over the cost of production. More generalized in the field of economics, cost is a metric that is totaling up as a result of a process or as a differential for the result of a decision. Hence cost is the metric used in the standard modeling paradigm applied to economic processes. Costs (pl.) are often further described based on their t ...
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The Product Tree Prioritization Method
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ...
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Opportunity Scoring Prioritization Method
Opportunity may refer to: Places * Opportunity, Montana, an unincorporated community, United States * Opportunity, Nebraska, an unincorporated community, United States * Opportunity, Washington, a former census-designated place, United States * 39382 Opportunity, an asteroid Arts, entertainment, and media Music * "Opportunity" (Pete Murray song), 2006 * "Opportunity", a song by The Charlatans * "Opportunity", a song from ''Annie'' * "Opportunities (Let's Make Lots of Money)", a song by Pet Shop Boys Other uses in arts, entertainment, and media * ''Opportunity'' (film), a 1918 film * '' Opportunity: A Journal of Negro Life'', a literary periodical of the Harlem Renaissance * ''The Opportunity'', a 17th-century play Finance * Opportunity International, a microfinance network that lends to the working poor * Opportunity NYC, a 2007–2012 experimental conditional cash transfer program in New York City Other uses * ''Opportunity'' (rover), a robotic rover on Mars * Business oppo ...
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Kano Model
The Kano model is a theory for product development and customer satisfaction developed in the 1980s by Professor Noriaki Kano, which classifies customer preferences into five categories. Categories These categories have been translated into English using various names (delighters/exciters, satisfiers, dissatisfiers, etc.), but all refer to the original articles written by Kano. ; Must-be Quality : Simply stated, these are the requirements that the customers expect and are taken for granted. When done well, customers are just neutral, but when done poorly, customers are very dissatisfied. Kano originally called these “Must-be’s” because they are the requirements that must be included and are the price of entry into a market. : Examples: In a hotel, providing a clean room is a basic necessity. In a call center, greeting customers is a basic necessity. ; ; One-dimensional Quality : These attributes result in satisfaction when fulfilled and dissatisfaction when not ful ...
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Value Vs
Value or values may refer to: Ethics and social * Value (ethics) wherein said concept may be construed as treating actions themselves as abstract objects, associating value to them ** Values (Western philosophy) expands the notion of value beyond that of ethics, but limited to Western sources * Social imaginary is the set of values, institutions, laws, and symbols common to a particular social group Economics * Value (economics), a measure of the benefit that may be gained from goods or service ** Theory of value (economics), the study of the concept of economic value ** Value (marketing), the difference between a customer's evaluation of benefits and costs ** Value investing, an investment paradigm * Values (heritage), the measure by which the cultural significance of heritage items is assessed * Present value * Present value of benefits Business * Business value * Customer value proposition * Employee value proposition * Value (marketing) * Value proposition Other uses ...
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Story Mapping Prioritization Method
Story or stories may refer to: Common uses * Story, a narrative (an account of imaginary or real people and events) ** Short story, a piece of prose fiction that typically can be read in one sitting * Story (American English), or storey (British English), a floor or level of a building * News story, an event or topic reported by a news organization Social media *Stories (social media), a collection of messages, images or videos, often ephemeral ** Facebook Stories, short user-generated photo or video collections that can be uploaded to the user's Facebook ** Instagram Stories, a feature in Instagram that let the user post vertical images that will disappear in 24 hours ** Snapchat Stories, a feature in Snapchat which allows users to compile snaps into chronological storylines, accessible to all of their friends Film, television and radio * Story Television, an American digital broadcast television network * Story TV, a South Korean television drama production company * ''Stor ...
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PriX Method Prioritization Method
Prix was an American power pop band formed in Memphis, Tennessee, in 1975 by Tommy Hoehn and Jon Tiven. The group ended up primarily as a studio project. Its recordings were produced by Tiven along with former Big Star member Chris Bell, who also played guitar and sang backup vocals. Prix is also famous of Banjo playing. Alex Chilton also participated in the recordings, along with session drummer Hilly Michaels. Although the group generated some major record label interest—notably from Mercury Records and Columbia/CBS Records—it ultimately only released a double A-side single on Ork Records in 1977 and a single on Miracle Records in 1978. Its only live performance came at a CBS Records showcase in 1976. In 1977, just as Ork Records released the first single and booked the group at CBGB, Prix broke up due both to Hoehn's unwillingness to remain in New York and to creative differences. In 1978, two of the songs recorded during the Prix sessions were included on ''Losing You to ...
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RICE Scoring Model
Rice is the seed of the grass species ''Oryza sativa'' (Asian rice) or less commonly ''Oryza glaberrima'' (African rice). The name wild rice is usually used for species of the genera ''Zizania'' and ''Porteresia'', both wild and domesticated, although the term may also be used for primitive or uncultivated varieties of ''Oryza''. As a cereal grain, domesticated rice is the most widely consumed staple food for over half of the world's human population,Abstract, "Rice feeds more than half the world's population." especially in Asia and Africa. It is the agricultural commodity with the third-highest worldwide production, after sugarcane and maize. Since sizable portions of sugarcane and maize crops are used for purposes other than human consumption, rice is the most important food crop with regard to human nutrition and caloric intake, providing more than one-fifth of the calories consumed worldwide by humans. There are many varieties of rice and culinary preferences tend to vary ...
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Incremental Funding Methodology
The Incremental Funding Methodology (IFM) is an ROI-informed approach to software development in which software is developed and delivered in carefully prioritized chunks of customer valued functionality. These chunks are known as Minimum Marketable Features (MMFs). IFM integrates traditional software engineering activities with financially informed project management strategies. IFM heuristics provide clarity into important metrics such as project level NPV, ROI, initial start-up investment costs, and time needed for a project to reach self-funding status. It enables developers, customers, and business stakeholders to answer critical questions related to the development and delivery of a product and to optimize strategies accordingly. In short, IFM equips developers and project managers with techniques and principles for increasing the financial returns of a software project and for identifying development schedules that make a project financially feasible. See also * Minimum ...
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