SCRUM Product Owner (PSPO 1)

Quick Info

The product owner is responsible for the commercial success of a product or project. He acts as an intermediary between the development team, stakeholders and users.
They are also responsible for deployment resources and release planning. The product owner develops the product vision together with the stakeholders. They also maintain and prioritize the backlog.

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Contents

● Release planning / forecast

● Product backlog items

● Communicate product goal

● Value maximizer

● Product backlog management

● Product backlog entries

● MoSCoW prioritization

● User stories

● Epics, tasks

● Invest (Definition of Ready)

● Product goal

● Product increment

● Sprint goal

● The product owner in the sprint

● Product Owner task fields

● Stakeholder management

● Market analysis (market research)

● Velocity

● Story map

● Product burn down chart

Key information

The Product Owner plays an extremely important and central role in the agile Scrum framework, as they are responsible for maximizing the value of the product. This person acts as a crucial link between the stakeholders and the development team and takes on the task of clearly defining and prioritizing the product requirements.
The Product Owner is responsible for ensuring that the development team is continuously working on the features that will bring the greatest benefit to customers and the company. Through close collaboration with stakeholders and clear communication of requirements, the Product Owner ensures that the end product meets expectations and delivers the desired business value. In addition, the Product Owner is responsible for tracking the progress of the project, providing feedback and ensuring that the product is continuously evolving to meet the changing needs of the market.

History

The Product Owner role was developed as part of the Scrum framework introduced by Jeff Sutherland and Ken Schwaber in the 1990s. It arose from the need to create clear accountability for product definition and prioritization in order to maximize the value of the product.

 
Usage

Product owners are used in various industries and organizations, from software development teams to product management departments. They work closely with stakeholders to understand and prioritize the requirements of the product and ensure that the development team is continuously working on the right features to maximize value for customers.

Benefits

Risks

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