The MoSCoW method is a prioritization technique used in product management. It stands for Must have, Should have, Could have, and Won't have. 'Must have' items are critical for the project's success. 'Should have' items are important but not necessary for launch. 'Could have' items are desirable but not necessary, and 'Won't have' items are least-critical or can be implemented in the future. This method helps in decision-making and ensures that the most critical tasks are completed first.
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