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Product Owner

The individual who leads value delivery for the product, orders and clarifies work to maximize outcomes, and holds final responsibility and accountability for what is delivered. See also Service Request Manager.

Key Points

  • Owns the product vision and manages the product backlog to optimize value.
  • Represents customers and stakeholders, defines acceptance criteria, and accepts or rejects work.
  • Works closely with the team to provide timely feedback and clarify priorities; does not micromanage how work is done.
  • Accountable for product outcomes and ROI; in some contexts may be called a Service Request Manager.

Example

On a payments platform project, the Product Owner prioritizes fraud detection features over new UI enhancements after reviewing customer complaints and risk reports, updates the backlog accordingly, and accepts the increment only after the defined acceptance criteria are met.

PMP Example Question

In an agile project, who should decide the order of features in the backlog to maximize product value and formally accept completed increments?

  1. Project Manager
  2. Scrum Master
  3. Product Owner
  4. Development Team

Correct Answer: C — Product Owner

Explanation: The Product Owner prioritizes the backlog to maximize value and accepts or rejects completed work based on agreed acceptance criteria.

How To Land the Job and Interview for Project Managers Course

Take the next big step in your project management career with HK School of Management. Whether you're breaking into the field or aiming for your dream job, this course gives you the tools to stand out, impress in interviews, and secure the role you deserve.

This isn’t just another job-hunting guide—it’s a tailored roadmap for project managers. You’ll craft winning resumes, tackle tough interview questions, and plan your first 90 days with confidence. Our hands-on approach includes real-world examples, AI-powered resume hacks, and interactive exercises to sharpen your skills.

You'll navigate the hiring process like a pro, with expert insights on personal branding, salary negotiation, and career growth strategies. Plus, downloadable templates and step-by-step guidance ensure you're always prepared.

Learn from seasoned professionals and join a community of ambitious project managers. Ready to land your ideal job and thrive in your career? Enroll now and take control of your future!



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