An insurance company embarks on a project to replace its current enrollment and billing software...

 MoSCoW is a requirements prioritization method that classifies requirements into four categories: Must have, Should have, Could have, and Won’t have. This method helps the business analyst and the stakeholders to agree on the essential requirements that must be delivered within a fixed time frame, and the desirable requirements that can be deferred or dropped if necessary. MoSCoW is suitable for this project because it allows the business analyst to focus on the minimum viable product that meets the business need of replacing the current enrollment and billing software application before the vendor contract ends, and to cope with the large volume of requirements by prioritizing them based on their value and urgency. References: PMI Professional in Business Analysis (PMI-PBA)® Examination Content Outline1, page 18; Business Analysis for Practitioners: A Practice Guide2, page 92.