What principle does the Business Analyst rely on when prioritizing conflicting stakeholder requirements?

When a Business Analyst prioritizes conflicting stakeholder requirements, the principle of value to the business becomes crucial. This principle emphasizes the importance of ensuring that the requirements that deliver the greatest benefit to the organization are given priority. By focusing on how requirements contribute to the overall goals and objectives of the business, the analyst can make informed decisions that align with strategic priorities.

Value to the business encompasses factors such as return on investment, alignment with long-term business strategy, and the potential to enhance customer satisfaction or operational efficiency. Stakeholders often have differing opinions on what is important, so using business value as the guiding principle allows for a more objective and strategic approach to decision-making.

In contrast, prioritizing based solely on cost-effectiveness may lead to short-term gains that do not align with broader objectives. Focusing on completeness of requirements could become overwhelming and impractical, as not all requirements hold equal significance. Similarly, assessing feasibility of solutions is important, but without understanding the value these solutions bring to the business, the prioritization process might overlook critical needs that could drive greater outcomes. Thus, emphasizing value to the business ensures that the most impactful requirements are identified and addressed first.