Definition
Priority specifies the relative importance of a task, Requirement, Project or action compared with other items requiring attention or delivery.
Human Explanation
Priority helps determine what should be done first.
Why it Matters
Organisational resources are limited, so the order of actions must be established consciously.
Conceptual Boundary
Priority is not the same as urgency. The highest-priority item does not always require immediate action.
Practical Perspective
Priorities should reflect organisational Objectives, Risk, business Value and available resources.