He/she is a business strategist, designer and user representative. He is in charge to explain and persists the product's vision.
Primary focus and responsibilities of a product owner.
Vision Setting
Define and communicate a clear vision for the product based on stakeholder needs and market conditions.
Requirement Prioritization
Prioritize product features or user stories to ensure that the development team works on items that offer the most value.
Stakeholder Management
Engage with stakeholders, including clients, users, and team members, to gather and refine requirements.
Iteration Planning
Participate in release planning sessions (With Project Lead) to determine the scope and goal of each iteration.
Acceptance Criteria Definition
Specify criteria for each user story or feature, ensuring the team has a clear understanding of what's expected.
Feedback Incorporation
Gather feedback from stakeholders and end-users, ensuring continuous improvement of the product.
Delivery Decision: Decide when a release is ready for deployment, based on its quality, completeness, and the needs of the business.
Risk Management
Identify potential risks related to product development and devise strategies to mitigate them.
Collaboration and Communication
Foster a collaborative environment, ensuring open communication between the development team, stakeholders, and other relevant parties.