Product Owner
Quick Facts
Median Salary$101,133
Most Common EducationBachelor's degree
Projected 10-Year Growth+30.60%
Assessment MatchTake the Assessment
What They Do
A Product Owner is a member of the product development team who writes user stories and defines the tasks needed for engineers to work using the Agile Development Framework.
Core Tasks:
- Manage project execution to ensure adherence to budget, schedule, and scope.
- Confer with project personnel to identify and resolve problems.
- Monitor or track project milestones and deliverables.
- Submit project deliverables, ensuring adherence to quality standards.
- Assess current or future customer needs and priorities by communicating directly with customers, conducting surveys, or other methods.
- Initiate, review, or approve modifications to project plans.
- Schedule and facilitate meetings related to information technology projects.
- Direct or coordinate activities of project personnel.
- Perform risk assessments to develop response strategies.
- Identify need for initial or supplemental project resources.
- Develop implementation plans that include analyses such as cost-benefit or return on investment (ROI).
- Develop or update project plans for information technology projects including information such as project objectives, technologies, systems, information specifications, schedules, funding, and staffing.
- Prepare project status reports by collecting, analyzing, and summarizing information and trends.
- Identify, review, or select vendors or consultants to meet project needs.
- Develop and manage annual budgets for information technology projects.
- Establish and execute a project communication plan.
- Develop and manage work breakdown structure (WBS) of information technology projects.
- Monitor the performance of project team members, providing and documenting performance feedback.
- Coordinate recruitment or selection of project personnel.
- Assign duties, responsibilities, and spans of authority to project personnel.
- Negotiate with project stakeholders or suppliers to obtain resources or materials.
What to expect as a Product Owner
1Earn a Bachelor's degree
67% of people achieve this level of education.
2Gain skills and experience
See Product Owner related courses on Tallo
3Land a job
1520 openings for Product Owners
Career Progression
in United States (Nation)
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