MoSCoW Prioritization Template and Poster

Introduction

MoSCoW prioritization helps you decide what must be delivered now vs what can wait, based on value and necessity within a fixed timeframe.

If everything is a priority, nothing is.

What does MoSCoW Stand For?

MoSCoW is an acronym that stands for:

• M – Must Have: Critical, without this the outcome fails
• S – Should Have: Important, but a workaround exists
• C – Could Have: Valuable, but not necessary
• W – Won’t Have (this time): – Intentionally not included this time

Benefits of MoSCoW Prioritization

• Clear Stakeholder Alignment: This method of prioritization offers a shared, non-technical way of describing what is more important that everyone involved can understand
• Better Resource Allocation: By explicitly defining the absolute necessities (the ‘Must Haves’), teams can channel time, money and talent exactly where if delivers the highest return
• Guaranteed Minimum Viable Product (MVP): By concentrating initially on the Must Haves, teams are ensuring the resulting product is always functional and ready for launch
• Structured Flexibility: Lower priorities (Should Haves and Could Haves) act as buffers and can be dropped without jeopardising the core deliverables if the project is running behind

What do I get in this bundle?

This template bundle gives you two editable templates: an editable PDF that is simple to use and easy to share and a Microsoft Excel Document that tracks all your tasks and checks the balance of what you must, should and could or what you won’t have this time.