What does a Product Owner do?

A product owner is typically an IT professional responsible for evaluating work generated by a software scrum team. During evaluations, the product owner will match and prioritize the features and functionality of the product to obtain maximum performance to the benefit of the end user. Other duties include scheduling and leading meetings to identify product issues, determining roadmaps for products and managing daily goals and schedules to achieve high performance and meet project deadlines.

A bachelor's degree is generally required to be a product owner with some companies expressing a preference to those holding a master's of business administration (MBA). Most employers require a minimum of two years of experience as a product owner in the industry with many successful candidates displaying strong managerial attributes such as excellent verbal and written communication skills with a proven track record of successfully developing excellent products within deadlines.

  • Supervise and advise the scrum team to meet software expectations
  • Manage the product development team to create a strong end product
  • Nurture ideas and solutions to existing customer problems
  • Communicate effectively with team members to achieve project goals
  • Extract and retrieve information and data sets to improve upon software
  • Determine roadmaps for products in the creation phase
  • Work closely with the scrum team throughout the development process
  • Schedule and lead meetings to identify issues and fixes for projects
  • Master's in business administration preferred
  • Minimum 2 years experience as a product owner in the industry
  • Strong knowledge of Agile principles and process
  • In-depth understanding of industry market conditions and trends
  • Outstanding verbal and written communication skills
  • Successful track record of developing products within deadlines
  • Excellent attention to detail
  • Sharp analytical and problem-solving skills
  • Creative and innovative thinker

Average Years of Experience

0 - 1
1%
2 - 4
81%
5 - 7
11%
8+
7%

Common Skill Sets

Agile Software Development
Agile Scrum
Backlog
Jira
Releases
Written Communication
UI UX
Frameworks

Product Owner Seniority Levels

L2
Product Owner
$51,827/yr
L4
Product Line Manager
8% made the transition
Product Marketing Manager
14% made the transition
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Product Owner Salaries

Average Base Pay

£51,827 /yr
Same as national average
Not including cash compensation
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£34K
Median: £52K
£78K
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Glassdoor Estimated Salary

Product Owner jobs