Definition
All research and development candidate lists are mandatory by value.
In detail
The Master Priority List is the list of all in-progress and candidate development projects forcibly ranked by value, used for resource allocation and project trade-offs. It addresses the problem of too many projects and scattered resources, ensuring high-value projects receive resources first; the MPL includes in-progress and candidate development projects and is forcibly ranked by value, whereas [[ppl]] includes only in-progress projects and sets execution order; the two are not the same list. Its output is usually a ranked list containing project names, value scores, and priorities.
Example in practice
When a company has multiple development projects but limited resources, a master priority list can be established. For example, a tech company has 10 projects; through value assessment (strategic fit, market potential, cost), it ranks them and selects the top 3 for priority investment. Other projects are deferred to avoid resource waste. Ultimately, key projects are completed on time, and market share increases.