Thursday, July 9, 2020

Product Owner vs Project Manage What is the Difference

Product Owner vs Project Manage What is the Difference What is the Difference Between Product Owner and Project Manager? 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Knowledge Hut Professional Scrum Master (1 Blogs) AWS Global Infrastructure What is Scrum? Everything you Need to Know about Project Management Everything You Need To Know About SCRUM What are Sprint Plans in Scrum? Who Is A Scrum Master: Everything You Need To Know Scrum Master: What are the Roles and Responsibilities? How to become a Certified Scrum Master? How to Become a Certified Scrum Product Owner? Scrum vs Agile: What is the Difference? Agile Scrum Tutorial: What is Scrum and How to Master It? Scrum vs Kanban: Battle of the Agile Frameworks Scrum vs SAFe: What is the Difference? Who Is A Product Owner What Do They Do? CSM vs CSPO: Which Is The Right Agile Certification For You? SAFe Fundamentals: What is SAFe? What is the Scaled Agile Framework (SAFe)? Top 50 Scrum Master Interview Questions You Need To Know In 2019 Top 50 Scaled Agile Interview Questions You Need To Know In 2020 How to Get SAFe C ertified? How To Choose The Right SAFe Certification For You? SAFe Agile Certification Exam Requirements: Everything You Need to Know What is the Difference Between Product Owner and Project Manager? Published on Sep 27,2019 154 Views Archana Choudary Bookmark Scrumis a very powerful agile framework for implementing wide varieties of iterative and incremental projects. Transitioning to Scrum brings with it a set of new roles and concepts that can seem a bit confusing when compared with traditional roles. In this article on the product owner vs product manager, lets compare two such roles the product owner and project manager.Similarities Between Project Manager vs Product OwnerWho is a Project Manager?Who is a Product Owner?Product Owner vs Project ManagerSimilarities Between Project Manager vs Product OwnerProduct manager, product owner. The titles dont sound all that different on their own, after all, both are management roles. Both a project manager and a product owner o versee teams who strive and work hard to bring projects across the finish line together. Which means both of these roles need excellent communication and people skills.Both of these roles need to build trust and facilitate communication between team members and others with an interest in the projects success.Bottom line, both of them are responsible for the successful delivery of the projects final outcome. It is the underlying structure of a project that the organization is working on that guides a project manager or a product owner.Before we discuss the key differences, you need to understand the roles and responsibilities of both product owner and product manager.Who is a Project Manager?Usually, a project manager comes into play when a project takes a traditional Waterfall approach. Project Manager is someone who is responsible for the projects structure planning it, executing it out and making sure everything goes well throughout the entire project lifecycle. There are many th ings to take care of when it comes to software development. Project Manager has to manage them all and put them together in order to develop the best product possible.The traditional role of a Project Manager is a leader, a decision-maker, a planner who manages the project and his team and is the person accountable to the business for accomplishing the project objectives. There is a long list of the roles that a project manager has to follow over the life cycle of a project, like:Planning and defining the scope of the projectGather requirements and good time managementMonitor the progress of the team and the quality of the productCost Estimation and Budget DevelopmentEnsure customer satisfactionRisk managementManage reports and other important documentsTo manage all these tasks, the project managers are usually detail-oriented, motivational, highly knowledgable, deadline-driven and company driven. In short, Project Managers should always have control over the project and should be a ware of its every aspect.Who is a Product Owner?According to the Scrum Guide, the Scrum Product Owner has the responsibility to maximize the value of the product on which the Development Team is working on. TheProduct Owneris responsible for the work the team is supposed to complete. The main role of a product owner is tomotivate the team to achieve the goaland the vision of the project. While a project owner can take input from others but when it comes tomaking major decisions, ultimately he/she is responsible.Unlike the project manager, the product owner doesnt control the team, thereby, a project lead by a product owner becomes more flexible. Instead of the usual hard deadlines for each task, a product owner breaks the project down into a series of work periods, or sprints, and asks their team to decide how many tasks they can complete per sprint.The responsibilities of the product owner include:Managing the product backlog making sure that itis visible, transparent, and clearGu iding the team to achieve the best goals and missions in a desirable timeProgressing the value of the work done and making rational decisionsCollaborating with the development team and stakeholdersManaging team economics and actively participate in meetingsEnsure transparency into the upcoming work of the product development teamTo fulfill all these responsibilities, the product ownerneeds skills such as facilitation, conflict management, creative thinking, and the ability to influence the team and other stakeholders. In general, product owners are highly flexible, big-picture thinkers, experimental, product-driven and customer-focused.Now that you have an idea of who a product owner and project manager are, lets check out the major differences between them.Product Owner vs Project ManagerThe terms are often used interchangeably, and admittedly there is some overlap. Yet, those two are indeed different roles. The table below lists the basic differences between them.FeaturesProduct M anagerProduct OwnerEcosystemProject Managers thrive in pre-planned, organized systemsProduct Owners work best in constantly changing project environmentsInsightThey are more strategic. The project managers focus on the products vision, company objectives, and the marketThey are more tactical. Product owners translate the strategies into actionable tasks and work with cross-functional agile teams more closelyProduct VisionProject Managers are more detailed oriented and deadline-drivenProduct Owners are more experimental, flexible and product-drivenSkills RequiredA Project Manager needs more organizational skillsA Product Owner needs more communication skillsThe key difference between the two revolves around their mindset when approaching a problem to be solved and project to be delivered.This brings us to the end of this Product Owner vs Project Manager article. I have covered all the basics that you should be aware of if you are planning to become a product owner or a project manage r. Hope you are clear with all that has been shared with you in this article. Also, to gain confidence in this area, you can opt for acertification program for product owner.Happy learning!Make sure you are well versed with the Scrum terminology before you start using it.Got a question for us? 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