In a software development project using Agile methodologies, which stakeholder role is responsible for maximizing the value of the product by managing and prioritizing the product backlog?
The Product Owner is responsible for maximizing the value of the product by managing and prioritizing the product backlog. This role involves deciding which features and functionalities should be developed to meet stakeholder needs and strategic goals. The Process Owner oversees the organization's processes and ensures they are effective but does not handle the product backlog. The Scrum Master facilitates the Agile process and helps the team work effectively but does not prioritize product features. The Project Manager coordinates project activities and resources but, in Agile frameworks, does not manage the product backlog.
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