Guide to Product Backlog Prioritization

The term Product Backlog Prioritization comes from the Agile methodology and is associated with the Scrum framework.

What is Product Backlog Prioritization?
The concept refers to the process of prioritizing the product backlog items such as features, bug fixes, technical work, and knowledge acquisition.

Why is it important?
Product Backlog Prioritization is crucial to ensure efficient workflow and maximize team productivity. It allows the project to focus on high-value items first, thus delivering value incrementally.

How does it work?
Prioritization typically follows a series of steps: From defining the priority criteria (like business value, cost, risk), to assigning scores to each backlog item based on these criteria, and finally ordering the backlog according to these scores.

Exam Tips: Answering Questions on Product Backlog Prioritization
1. Understand the concept: Familiarize yourself with the entire process and its implications.
2. Relate to real-life situations: This not only helps in understanding but also in remembering the process.
3. Be aware of common pitfalls and misconceptions: Understanding what backlog prioritization isn't can sometimes be as important as understanding what it is. For instance, it does not necessarily equate to a sequence for product development.
4. Use of appropriate terminologies: Use the correct terms and ensure they are used in the correct context.
5. Practice, practice, practice: Familiarize yourself with likely questions and the model answers to them.