Portfolio Product Owner
Sets the portfolio's strategic goals and decides which initiatives should be prioritized to achieve them.
Key Points
- Aligns the portfolio vision and outcomes with enterprise strategy.
- Prioritizes epics and initiatives; maintains the portfolio backlog and roadmap.
- Partners with executives, finance, and product leaders to guide funding and governance.
- Monitors value delivery and adjusts priorities as conditions change.
Example
A retailer runs several digital initiatives. The Portfolio Product Owner sets objectives like increasing online revenue by 15%, then ranks work so that improving mobile checkout comes before launching a chatbot. They coordinate funding, update the portfolio roadmap, and track KPIs to shift investment if results lag.
PMP Example Question
In an agile enterprise, who is primarily accountable for setting portfolio-level objectives and determining which initiatives receive priority?
- Portfolio Product Owner
- Program Manager
- Scrum Master
- Team Product Owner
Correct Answer: A — Portfolio Product Owner
Explanation: The Portfolio Product Owner defines strategic objectives and sets priorities across initiatives at the portfolio level.
HKSM