Final answer:
The correct formula according to Requirements Prioritization based on value, cost, and risk is Priority = value % / (cost % + risk %). This formula helps stakeholders to evaluate and prioritize projects or features by increasing the priority score as the value percentage increases and lowering it as the cost and risk increase.
Step-by-step explanation:
When determining the priority of a project or a feature in project management based on Requirements Prioritization, the correct formula would typically maximize value while minimizing cost and risk. Therefore, the priority formula should reflect a higher score for higher value and lower scores for higher cost and risk. The correct formula according to Requirements Prioritization based on value, cost, and risk is:
Priority = value % / (cost % + risk %)
This formula indicates that the priority increases as the value percentage increases and decreases as the cost and risk percentages increase. By dividing the value percentage by the sum of cost and risk percentages, the priority calculation provides a balanced approach to evaluating potential projects or features, allowing stakeholders to determine which initiatives should be undertaken first based on the expected value return relative to the costs and risks associated.