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This role is the one and only person responsible for managing the Product Backlog and ensuring the value of the work the development team performs. The Product Owner has the responsibility of defining what is the right product to build, determining the order in which features will be built, and making sure that the product actually works. The Product Owner is responsible for defining the features of the product to be developed by the team in terms of: Functionality: Identifies each product requirement as a Product Backlog Item and supplies details for those requirements when they are needed by the team, including specifying the acceptance tests for each requirement Priority: Defines the order in which those backlog items will be developed, according to the value that they bring to Customers and users, which provides the team with a Product Backlog ready for Sprint/Iteration planning Goal: Defines the release goals and makes decisions concerning release planningThe Product Owner has the following responsibilities: Define the features of the product Decide on release date and content Responsible for the profitability of the product (ROI) Prioritize features according to market value Adjust features and priorities as needed Accept or reject work results
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