Why is it essential to prioritize requirements after they have been elicited?

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Prioritizing requirements after they have been elicited is crucial because it allows the project team to focus on the most critical needs of the stakeholders and the overall project objectives. By identifying which requirements are essential and which are secondary, the team can effectively allocate resources, time, and effort to areas that will have the greatest impact on the success of the project.

This focus ensures that the key functionalities and features that deliver the highest value to the business will be developed and implemented first, thus aligning the project outcomes more closely with stakeholder expectations and business goals. Prioritization also aids in making informed trade-offs, especially when dealing with constraints such as time and budget, which are common in project management.

With prioritization, the project can remain agile and responsive to changes, ensuring that the most important aspects are addressed first, thereby maximizing stakeholder satisfaction and project success.

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