Product Owner is the person/role responsible for owning the lifecycle of a product. It is more of a role than a specific person. The product owner would take a product from inception to planning to build to operations to discontinuation/transition. Along the life of a product, the product owner would make critical decisions on the direction a product would take. A number of these decisions would be towards successful operations of the product.

The responsibilities of a Product Owner may include the following:

• Defining and Managing the Lifecycle of a Product

• Provides Product Directions

• Identifies Requirements

• Prioritizes User Stories

• Grooms the Backlog

• Writes User Stories

• Brings forward Business Priorities

• Represents the Business Stakeholders

• Validates Completed Stories