Add a product owner to maximize value in agile product development.
The Product Owner is a key member of an agile software team, working to maximize product value against the given constraints, such as capacity, budget and deadlines. The Product Owner represents the voice of the stakeholders, eliciting and sharing the product vision and product roadmap, defining and ordering the items in the product backlog to optimize value delivery and collaborating with the Development Team to achieve the product goal.
The Product Owner is the chief spokesperson for the product vision and works closely with business stakeholders to define and continuously focus that vision on user value. A succinct statement of that value becomes the North Star for the product, a key metric to guide feature and technical decision-making.
The product vision generally reflects topics such as:
Translating a product vision into reality requires a roadmap that guides the development team first to initial launch (achieving what’s often called a Minimum Viable Product, or MVP) and onward toward additional functionalities and features to be created down the line.
The product owner manages this Product Roadmap as a continuously evolving "macro plan” that aligns all stakeholders around short-term and long-term goals.
On a day-to-day basis, the product roadmap represents a shared source of truth regarding the direction, priorities, progress and forecast for product iteration.
The product backlog represents an ordered list of items (features, changes and bugs) needed to achieve the product goal and characterizes the “single source of work” to be completed by the team.
The Product Owner collaborates with stakeholders to elicit, refine and prioritize backlog items, an emergent process which continues along the entire product life cycle. Products no longer require a backlog only when they are retired.
The backlog should be refined “just enough” such that items at the top – those to be worked in the next 2-3 sprints – are fully elaborated, while items below may be less refined and may require significant work to be made “ready.”
To guide the development team along the product roadmap, the Product Owner proposes a goal for each sprint, identifying and preparing the most valuable items to be delivered. At the end of the sprint, the Product Owner inspects the “increment” and adjusts the roadmap accordingly.
Pré Salé / Strat’Lab Product Development: MVP for a Strategic Platform
MesserSoft IIoT / Industrial Automation: A Software Solution for the Smart Future of the Metal Industry
yband therapy AG Developing supporting technology for an innovative medtech device
Agile Product Management Resources & Tools
Webinar Pentalog // A Product Owner’s Life: How to Build the Right Product with a Happy Team
Pentalog Careers: How I Became a Product Owner