According to the MoSCoW technique, a "Must Have" requirement is something that the project will fail without. These requirements are absolutely essential for the system to function and meet the business needs. If even one "Must Have" requirement is not met, the project would be considered a failure. This prioritization ensures that critical functionality is delivered in the first increment and forms the basis of the minimum viable product (MVP).
References:
* The MoSCoW technique defines "Must Have" requirements as mandatory and essential for the project's success, without which the system has no value.

A requirement in the context of Agile Business Analysis is understood as a service, function, or feature that a user needs. This definition encompasses the broad spectrum of what a requirement can entail, focusing on what the system or product must provide to meet the user's needs. By defining requirements this way, it ensures that the focus remains on the capabilities and functionalities that are necessary to deliver value to the user, rather than on specific solutions or objects which might limit the scope of what can be developed.
References:Business Analysis document, sections on requirement definitions and user needs.
evel end-to-end prototype of the solution to be

Prototyping is a powerful technique in Agile methodologies that serves multiple purposes. First, it is an effective way to achieve communication between stakeholders. By creating prototypes, stakeholders can see and interact with a representation of the final product, which helps in clarifying requirements and expectations.
This visual and interactive approach ensures that all parties have a shared understanding of what is being developed. Second, prototyping makes elements of the evolving solution visible. This visibility allows stakeholders to provide feedback early and often, ensuring that the development process stays aligned with their needs and expectations. Prototypes can be adjusted iteratively based on feedback, which enhances the accuracy and relevance of the final product. References:Business Analysis document, sections on prototyping and stakeholder communication.

In a Facilitated Workshop, the role of an Observer may include attending a meeting to review the process being adopted and methods used. Observers provide an external perspective on the workshop's effectiveness and can offer feedback on the facilitation techniques, group dynamics, and overall process. Their role is crucial in ensuring that the workshop is conducted efficiently and meets its objectives.
References:
* Business Analysis.pdf, "Observers can provide feedback on the workshop process and methods used, helping to improve future sessions".

In an Agile project, the Company Board of Directors is considered a strategic stakeholder. This category includes individuals or groups who have a significant interest in the success and direction of the project but are not involved in the day-to-day activities. Their role is to provide high-level guidance, oversight, and support to ensure that the project aligns with the organization's strategic goals.
References:
* Business Analysis.pdf, "high interest/high power stakeholders are the key players and require positive management".