Introducing G2.ai, the future of software buying.Try now

Product Owner

by Holly Landis
A product owner is responsible for maximizing a product's value during every stage of its development. Learn about the role of a product owner.

Who is a product owner?

A product owner is a key member of an Agile scrum team tasked with maximizing the value of a product. Their responsibilities span from initial product development through to the product’s completion and release to the market.

Product owners typically work with stakeholders, end users, and the rest of the scrum team to ensure that the finished product aligns with both business goals and user needs. 

The work ranges from determining a product’s function, creating clear plans for specific product features, and managing the product backlog to ensure that all user requirements are met during the product’s development. Product owners often turn to product management software for help developing and improving products.

Types of product owners

Most scrum teams have a single product owner who fulfills the necessary responsibilities. On larger teams, multiple product owners may bring specific expertise and fall under five types:

  • The Scribe. Scribes translate the needs and requests of end users and stakeholders into easy-to-understand language for product developers. 
  • The Proxy. Like a Scribe, the Proxy must communicate user and stakeholder needs to the rest of the team, but they also have the authority to prioritize these needs when it comes to the product’s development.
  • The Business Representative. These product owners have extensive knowledge of the product and the market. They identify which features a product must have to meet the expectations of users and stakeholders, along with standing out from competitors.
  • The Sponsor. Sponsors typically manage the budget portion of product development. They work with stakeholders to align the budget with business goals.
  • The Entrepreneur. Also known as the “mini CEO,” the Entrepreneur product owner has the most responsibility and authority. It’s their responsibility to get the most return-on-investment (ROI) from a product and drive its success.

Basic responsibilities of product owners

Product owners are at the center of every scrum team during product development. Even though the other members of the team and the type of product determine what an owner’s day-to-day duties are, all product owners are responsible for:

  • Defining the vision of the project. As the go-between for stakeholders, customers, and the team, a product owner typically leads the high-level goal planning and strategy before development begins.
  • Creating and managing a product backlog. The product backlog is a prioritized list of customer and stakeholder needs. The product owner must decide on the importance of each need, then manage and communicate to the scrum team how these features should be developed.
  • Overseeing product development. From idea generation, initial design, and prototyping to testing, refining, and commercial release, product owners oversee every step of the product’s build and release.
  • Anticipating customer and stakeholder needs. Product owners must use their expertise and knowledge to plan for what they think the end user and stakeholders want and need from a product. This also helps product owners prioritize when managing the backlog.

Benefits of product owners

The product owner is an integral part of the scrum team. Without them, products take much longer to move from idea to commercial release and require additional testing and revisions. Product owners:

  • Ensure clear communication between stakeholders and the team. The primary responsibility of the product owner is to make communication seamless for all involved. They’re the bridge that brings together product users, business stakeholders, and developers. Their experience with all parties leads to better decision-making.
  • Make the project more efficient. Product owners are responsible for building and managing a clearly prioritized and organized product backlog. This keeps a product’s development moving forward in a timely and cost-effective way. 
  • Support short- and long-term planning. Knowing what product features are most important, the product owner ensures that the budget is being used appropriately. For short-term planning, this moves all parts of the product backlog forward during a scrum sprint. Further, in the future, the product owner ensures that the product is maximizing its value and providing a positive ROI.
  • Encourage product creation. Developers can sometimes be too close to the product to see problems or missing features. The product owner offers a second set of eyes to review the product at every stage of development, catching issues before they happen and supporting the developers with additional information that can fuel creative thinking and targeted solutions.

Best practices for product owners

Every product owner works differently based on their experience and the needs of their scrum team. But incorporating some of these best practices can ensure a successful project from the outset.

  • Use a sprint goal. Part of maximizing a product’s value is deciding what is and isn’t important to build during a sprint. Making clear goals for developers increases output and efficiency while also giving the team something tangible to target.
  • Review and refine the product backlog. Product owners should always assess the product backlog to ensure all goals are met. New information from end users or stakeholders can come in at any time, so reviewing the backlog regularly gives owners an opportunity to incorporate these additional requests or changes into product development.
  • Take feedback from product developers. While feedback from stakeholders and users is crucial, so is information from the developers. Product owners should work with the rest of the team to determine if a feature isn’t working as planned and look for revisions that satisfy everyone.
  • Work with the scrum master every day. The scrum master is responsible for the overall workflow of the team. Working with this individual on a daily basis makes sure nothing is missed in the product development process.

Manage scrum teams more effectively with team collaboration software designed to work across different departments in your organization.

Holly Landis
HL

Holly Landis

Holly Landis is a freelance writer for G2. She also specializes in being a digital marketing consultant, focusing in on-page SEO, copy, and content writing. She works with SMEs and creative businesses that want to be more intentional with their digital strategies and grow organically on channels they own. As a Brit now living in the USA, you'll usually find her drinking copious amounts of tea in her cherished Anne Boleyn mug while watching endless reruns of Parks and Rec.

Product Owner Software

This list shows the top software that mention product owner most on G2.

Miro offers a complete set of tools to support product development workflows, scaled frameworks, and full-scale Agile transformation. Miro’s built in capabilities for estimations, dependency mapping, private retrospectives, and scaled product planning are complemented by powerful two-way sync with Jira to manage end-to-end workflows in a visual and collaborative surface. Together, these capabilities are designed to fully support distributed teams throughout the product development lifecycle, as they host practices like Sprint Planning, Daily Scrum, Sprint Review, and Retrospectives, visualize and manage their work on a Kanban, or host large scaled product planning workshops.

Jira is an issue and project tracker for teams building great software. Track bugs and tasks, link issues to related code, agile planning, and monitor activity.

Sell faster, smarter, and more efficiently with AI + Data + CRM. Boost productivity and grow in a whole new way with Sales Cloud.

Lucidchart is an intelligent diagramming application for understanding the people, processes and systems that drive business forward.

G2 helps businesses discover, review, buy, and manage the software needed to reach their potential

Trello is a collaboration tool that organizes your projects into cards and boards. In one glance, Trello tells you what's being worked on, who's working on it, and where something is in process.

Aha! is the world's #1 product development software. We help more than 1 million product builders go from discovery to delivery and bring their strategy to life. Our suite of tools includes Aha! Roadmaps, Aha! Discovery, Aha! Ideas, Aha! Whiteboards, Aha! Knowledge, and Aha! Develop. Product teams rely on our expertise, guided templates, and training programs via Aha! Academy to be their best. We are proud to be a very different type of high-growth SaaS company. The business is self-funded, profitable, and 100% remote. We are recognized as one of the best fully remote companies to work for, champion the Bootstrap Movement, and have given over $1M to people in need through Aha! Cares. Learn more at www.aha.io.

Life's too short for bad software! With Balsamiq Wireframes, anyone can design great

Amplitude is an analytics solution built for modern product teams.

LogRocket combines session replay, error tracking, and product analytics – empowering software teams to create the ideal web and mobile product experience.

Appian provides a leading low-code software development platform that enables organizations to rapidly develop powerful and unique applications. The applications created on Appian’s platform help companies drive digital transformation and competitive differentiation. For more information, visit www.appian.com.

Aiveo is an exciting new issue tracking system that will simplify your process. They got you covered from start to end of your project at a great price.

Capture problems, feedback and user research, organize feature ideas, plan releases, share beautiful interactive roadmaps.

Smartsheet is a modern work management platform that helps teams manage projects, automate processes, and scale workflows all in one central platform.

Airtable is the all-in-one collaboration platform designed to combine the flexibility of a spreadsheet interface with features like file attachments, kanban card stacks, revision history, calendars and reporting.

ClickUp is one app to replace them all. It's the future of work. More than just task management - ClickUp offers docs, reminders, goals, calendars, and even an inbox. Fully customizable, ClickUp works for every type of team, so all teams can use the same app to plan, organize, and collaborate.

Instabug empowers mobile teams to monitor, prioritize, and debug performance and stability issues and ship better mobile apps.

The only intelligent automation platform that enables both business users and IT to build, operate and rollout app and data integration, process and workflow automation, in a single platform - without compromising security and governance.

Qzzr is a quiz creation tool which enables marketers, companies, publishers, and agencies to create custom embeddable quizzes for lead generation and engagement.

PartnerStack is the only partnerships platform built for SaaS, designed to deliver predictable revenue and accelerate growth for software businesses and their partners.