A lead project manager for an agile project needs to prioritize requirements, define the scope of the initial product, and deliver the approved scope in a series of multiple versions. What should the

While determining expected benefits is part of prioritization, it's the Product Owner's primary role to lead this, not solely the project manager's, and it's a step *within* the broader prioritization process.

Asking the lead developer to run a prioritization meeting with stakeholders bypasses the Product Owner's key role in managing the product backlog and stakeholder requirements.

In agile methodologies, the Product Owner is responsible for defining and prioritizing the backlog items (requirements) to maximize product value. The project manager, acting as a Scrum Master or Agile Coach, facilitates this process by working collaboratively with the Product Owner to ensure alignment with project goals and stakeholder needs.

Prioritizing requirements solely based on hierarchical level of stakeholders is not an agile best practice; prioritization should be based on business value, risk, and dependencies, typically managed by the Product Owner.