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In an agile project, which stakeholder is responsible for maximizing the product's value and managing the product backlog?
Process Manager
Scrum Master
Product Manager
Product Owner
The Product Owner is responsible for maximizing the product's value by managing and prioritizing the product backlog. This role involves making decisions about what the development team should work on to deliver the most value to customers. The Product Manager focuses on the product's market success and strategic planning. The Scrum Master facilitates the agile process and helps remove impediments for the team. The Process Manager oversees and improves business processes but does not manage the product backlog.
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