The more often we come across few questions like
The Product Owner is the member of the Agile team who is liable for explaining stories and prioritizing team backlogs so as to efficiently organise the program accomplishment, while preserving conceptual and technical integrity of features or components the team is responsible for.
The Product Owner acts as a customer representative and is responsible for working with product management and other stakeholders. The Product Owner has an important role in maintaining quality and is the sole member of team, who has authority to report stories as done. The Product Owner plays a vital part in the preparation and participation of PI planning, Iteration Execution, Program Execution, Inspect and Adapt of stories.
The main responsibilities of Product Owner are
The Product Owner should have knowledge of valuable business models. He should be conscious to apply a specific model when required. The Product Owner serves a main purpose in program execution and coordinates with other Product Owner at the end of each PI.
The Product Manager in Agile teams is termed as a Product Owner, who will be an integral part of the team and ensures that team is working as per the plan. The Product Owner role is a challenging and multi-faceted job that requires a broad range of skills. It also provides the exciting opportunity to create new things, to develop new products and features which is helpful for both the users and the organisation.