[Carlos Collao Rubio] The Scrum Guide says: "The Product Backlog is an emergent, ordered list of what is needed to improve the product. It is the single source of work undertaken by the Scrum Team.", Why should we use 𝒑𝒓𝒊𝒐𝒓𝒊𝒕𝒊𝒛𝒂𝒕𝒊𝒐𝒏 techniques if the scrum guide talks about ordering the product backlog?, thanks.

[Mohanned Ali Wadagaounkar] In many Product Backlog prioritization techniques, one common factor is customer value. Items that directly address customer needs or provide significant value to users should be prioritized higher. This ensures a focus on delivering impactful features that align with customer expectations and strategic objectives. Additionally, considering dependencies, risk, and feedback loops from previous iterations can enhance the prioritization process.

One more effective technique for Product Backlog prioritization is MoSCoW method. It categorizes items into Must-haves, Should-haves, Could-haves, and Won't-haves. This approach helps distinguish critical features from those with lower priority, ensuring the team focuses on the most essential aspects first. The "Must-haves" align closely with project goals, while "Should-haves" provide flexibility. "Could-haves" offer additional value, and "Won't-haves" are deliberately deferred.