Prioritization techniques are methods used to determine the order in which tasks or projects should be completed based on their importance and urgency. Common techniques include the Eisenhower Matrix, which categorizes tasks into four quadrants, and the MoSCoW method, which classifies tasks as Must have, Should have, Could have, or Won't have. These techniques help individuals and teams focus on what matters most. Another popular technique is the Pareto Principle, also known as the 80/20 rule, which suggests that 80% of results come from 20% of efforts. By identifying the most impactful tasks, individuals can allocate their time and resources more effectively, leading to improved productivity and goal achievement.