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It enables organizations to improve business and IT agility and foster innovation through popular open standards and process frameworks. One of the most important responsibilities for a scrum product owner is managing the product backlog.
Additionally, the product owner will need to map out project dependencies to inform the necessary sequence of development. It is a live document that should be continually updated based on evolving project needs throughout development. Because the product backlog will change frequently, the product owner must make the list accessible and available to all stakeholders particularly developers to ensure optimized performance and project outcomes. Another key role of the product owner is to prioritize needs.
In other words, they must juggle the triangle of scope, budget, and time, weighing priorities according to the needs and objectives of stakeholders. For example, if the product under development needs to launch within six months, that constrains the scope of the project.
With the vision, strategy, and product priorities set, the product owner should spend a significant amount of time overseeing the actual development of the product. They are a key player throughout each event, including planning, refinement, review, and sprint. During the planning stages, the agile product owner works with stakeholders to identify and organize the steps required for the next iteration.
They will then meet with their team to refine the process, identify areas for improvement, and support the sprint. Their deep market knowledge and communication skills allow them to anticipate problems or needs and address them.
Stay one step ahead of your clients with customer journey mapping. These visuals create a shared vision for the customer experience. The product owner is also the primary communicator and link between stakeholders and teams. The product owner is accountable for each stage of the development process and the final product.
They take a primary role in inspecting and evaluating product progress through each iteration. The product owner makes the judgment call on the performance, deciding if the team needs to go back to the drawing board or if they can move on to the next steps.
Business savvy is important for the agile product owner because he or she is the decision maker regarding what features the product will have. That means, the agile PO should understand the market, the customer and the business in order to make sound decisions. Finally, communication is a large part of the product owner responsibilities. The product owner role requires working closely with key stakeholders throughout the organization and beyond, so he or she must be able to communicate different messages to different people about the project at any given time.
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