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The ultimate goal of any software developer seeking a competitive edge is tomeet stakeholders needs and expectations. To achieve this, it is necessary toeffectively and accurately manage stakeholders system requirements. The paperproposes a systematic way of classifying stakeholders and then describes anovel method for calculating stakeholder priority taking into consideration thefact that different stakeholders will have different importance level anddifferent requirement preference. Finally the requirement preferencecalculation is done where stakeholders choose the best requirements based ontwo factors, value and urgency of the requirement. The proposed method activelyinvolves stakeholders in the requirement elicitation process.

A Novel Approach in Calculating Stakeholder priority in Requirements Elicitation