[7] Product managers are often thought of as sitting at the intersection of business, design, and technology.
The day-to-day responsibilities of a product owner within an agile project include creating and prioritizing the product backlog, which is a list of things to be done by the development team, to maximize the business value created by the project.
[8] The product backlog is made up of user stories which are brief narrative descriptions of what a feature should do, including a checklist of items that are required to be in place for the feature to be considered done, called the acceptance criteria.
At the end of the development sprint, the product owner is responsible for verifying that the acceptance criteria have been met; only then is the work on the feature officially done.
To reach a new level in professional development, product managers should improve data-driven skills: product analytics, unit economics, decision-making based on metrics, the ability to work with other departments, and financial skills.
[11] Because of the broad responsibilities, product management is often seen as a training ground for C-level leadership roles in technology companies.