PMI Professional in Business Analysis (PMI-PBA) — Question 35

An insurance company embarks on a project to replace its current enrollment and billing software application, which will no longer be supported by the end of the calendar year. The new enrollment and billing application must be implemented before the current vendor contract ends. The business analyst gathers the initial requirements for the new enrollment and billing application. Based on the large volume of requirements, the business analyst realizes that the requirements will need to be prioritized.
Which requirements prioritization method should the business analyst use for this project?

Answer options

• A. Time-boxing
• B. Risk analysis
• C. Weighted ranking
• D. MoSCoW

Correct answer: D

Explanation

The MoSCoW method is effective for prioritizing requirements by categorizing them into Must have, Should have, Could have, and Won't have. This approach allows the business analyst to focus on the most critical requirements first, ensuring timely delivery before the vendor contract ends. The other methods, while useful in different contexts, do not specifically address the prioritization of requirements in a way that aligns with the urgency of the project.