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
EducationBachelor's Degree
Work/Life Balance
3.9 ★
Salary Range--
Career Opportunity
3.7 ★
Avg. Experience2-4 years

Product Owner Salaries

Average Base Pay

$130,000 /yr
Same as national average
Not including cash compensation
See More Insights
Median: $130K
See More Insights
Glassdoor Estimated Salary

Product Owner Career Path

Learn how to become a Product Owner, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Product Owner
See Career Path

Product Owner Insights

Read what Product Owner professionals have to say about their job experiences and view top companies for this career.
Bank of AmericaBank of America
Tech Delivery Product Owner
29 Jul 2021

“Career advancement is not clearly defined and you will have to find your own way.”

Westpac GroupWestpac Group
Product Owner
11 Mar 2021

“Westpac is one of the best place to work specailly on a good program like open banking its very dynamic and good for learning.”

Product Owner
24 Jun 2021

“Been here for a few years now and I had many opportunities to learn and grow.”

Scottish GovernmentScottish Government
Product Owner
13 Aug 2019

“Not so much pressure to get things done despite crushing deadlines ~ people take holidays just before go live which is mad”

Product Owner
10 Jul 2020

“Good training and resources”

Pocketworks Mobile
Product Owner
19 Aug 2021

“And unfortunately there was little loyalty to some of the people who helped build the apps.”

Apex SystemsApex Systems
Product Owner
20 Sep 2021

“hire is a great way to get into a new industry or even an employer that wouldn't normally be interested in you.”

Commonwealth Bank of AustraliaCommonwealth Bank of Australia
Digital Product Owner
6 Dec 2020

“My manager wasn't adult enough to pass on any constructive or negative feedback to my face in any 1 on 1 meetings.”

See More

Product Owner Interviews

Related Careers

Product Line Manager
Product Marketing Manager
No skills overlap
Product Manager
No skills overlap
Digital Marketing
13% skills overlap

Product Owner jobs

Frequently asked questions about the role and responsibilities of a product owner

When working as a product owner, the most common skills you will need to perform your job and for career success are Agile Software Development, Agile Scrum, Backlog, Jira and Releases.

The most similar professions to product owner are:
  • Product Line Manager
  • Product Marketing Manager
  • Product Manager
  • Digital Marketing

The most common qualifications to become a product owner is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.