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Requirements prioritization has been recognized as a critical and essential but challenging activity for product development. The pressure on time-to-market and being able to plan for successive release of the software product has posed many challenges to the software engineering process. Budgetary restrictions and time-tomarket deadline often compel stakeholders to cautiously prioritize requirements. Various requirements prioritization methods are available in literature, but generally practices in companies are found to be informal. This paper evaluates various requirements prioritization methods with different characteristics and proposes a novel technique to select an appropriate method for the application. The aim of our work is to offer a method to guide the engineer through various characteristics such as ease to use, size of project, number of decisions etc. for an application. This approach is illustrated with a case study of the Travel Management Planning Website.

A Novel Approach to Select an Appropriate Requirements Prioritization Technique