Key decision makers are defining objectives for a database migration project, but department leaders disagree on scope and timelines. How should the project manager impartially prioritize requirements to include?

Prioritizing requirements based on their benefit-cost ratio is an objective and impartial method. This approach quantifies the value each requirement brings versus its implementation cost, allowing for data-driven decisions that align with organizational goals. It helps resolve conflicts by focusing on the most advantageous options for the project and the organization as a whole, rather than departmental preferences. Retaining only requirements for profitable revenue growth is too narrow; other benefits like compliance or efficiency are also critical. Ensuring the CEO selects requirements delegates the responsibility without providing a structured prioritization method. Giving each department a fixed budget for a set number of requirements is an arbitrary constraint that doesn't guarantee the most valuable requirements are chosen.