Key points :
Contextual Difference: While Scrum clearly defines the Product Owner role, the PMP exam encompasses various project life cycles - Adaptive, Predictive, and Hybrid. The Product Owner role is prominently associated with the Adaptive life cycle.
Long-term Commitment: The Product Owner is not solely focused on the current project but has a broader perspective concerning the entire product. For instance, while a project has a start and end, a product might span multiple years. The example provided describes the Product Owner's vision of developing a carpooling app, evolving from corporate usage to a global scale.
Responsibilities: The Product Owner's primary responsibilities include:
Prioritizing and detailing product requirements.
Championing continuous exploration and refinement of the product backlog.
Collaborating with stakeholders to ensure the product's objectives align with business goals.
Participating in reviews of completed work increments (e.g., sprints) and identifying new requirements.
Critical Stakeholder: For a Project Manager preparing for the PMP exam, the Product Owner is equivalent to a critical stakeholder or even a sponsor in predictive life cycles. Their role requires extensive stakeholder engagement, and they should be central to a Project Manager's communication and interaction plan.
