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Monopoly Money

A prioritization technique where stakeholders receive a pretend budget equal to the project funds and are asked to spend this fake money across user stories. Their allocations indicate what they are most willing to fund, revealing the relative priority of each story.

Key Points

  • Simulates real budget trade-offs without spending actual money.
  • Prioritization is based on willingness to pay, not simple voting.
  • Works well during backlog refinement, release planning, or roadmap discussions.
  • Results can be tallied to produce a ranked backlog and combined with effort to assess value-to-cost.

Example

The product owner gives key stakeholders a notional USD 1,000,000 budget in play money and asks them to distribute it across 12 user stories. Stakeholders allocate USD 300k to online payments, USD 250k to fraud detection, USD 200k to reporting, and smaller amounts to others. The team uses the totals to order the backlog, focusing first on payments and fraud detection.

PMP Example Question

During backlog refinement, the team wants to rank features by how much the customer would fund them without spending real money. Which technique should the project manager use?

  1. Kano analysis
  2. Monopoly Money
  3. Planning Poker
  4. MoSCoW prioritization

Correct Answer: B — Monopoly Money

Explanation: Monopoly Money uses a pretend budget that stakeholders allocate to user stories, revealing priorities based on willingness to pay.

Leadership for Project Managers Course

Lead with clarity, confidence, and real impact. This Leadership for Project Managers course turns day-to-day challenges—unclear priorities, tough stakeholders, and cross-functional friction—into opportunities to guide teams and deliver outcomes that matter.

You’ll learn practical leadership skills tailored to project realities: setting direction without overcontrol, creating alignment across functions, and building commitment even when authority is limited. We go beyond theory with tools you can use immediately—one-sentence visioning, stakeholder influence maps, decision framing, and feedback scripts that actually land.

Expect hands-on frameworks, real-world examples, and guided practice to prepare for tough moments—executive readouts, resistance from stakeholders, and high-stakes negotiations. Downloadable templates and checklists keep everything actionable when the pace gets intense.

Ready to influence without waiting for a bigger title? Join a community of ambitious PMs, sharpen your edge, and deliver with purpose—project after project.



Lead with clarity, influence, and outcomes.

HK School of Management brings you a practical, no-fluff Leadership for Project Managers course—built for real projects, tight deadlines, and cross-functional teams. Learn to set direction, align stakeholders, and drive commitment without relying on title. For the price of a lunch, get proven playbooks, and downloadable templates. Backed by a 30-day money-back guarantee—zero risk, high impact.

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