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A good product owner must have:
Knowledge
· Knows enough about the product to create and maintain a backlog – can write reasonable requirements and eventually stories.
· Knows enough about the product and it’s context to conveys the vision and goals of the project and each sprint.
· Understands the needs of the customer.
· Knows enough about the technology to make reasonable decisions.
Authority
· Can carry through the result of any tough decisions.
· Owns the product success (or failure), so can prioritize the backlog and eliminate stories if they’re not high value.
· Represents the customer, interfaces and engages the customer.
· Can change the course of the project at the end of every Sprint.
· Can terminate a Sprint if he/she determines such action is required.
· Has the recognition to communicate status externally.
Availability
· Has the time to work on the product backlog, despite other responsibilities.
· Can actively participate in the daily Scrums, Sprint Planning Meetings and Sprint Reviews and Retrospectives.
· Has enough time to quickly respond to questions (that day) and sit with the development team when needed.
· Actively inspects the product progress at the end of every Sprint and has complete authority to accept or reject work done.
Aptitude
· Able to resist the temptation to micromanage.
· Not be afraid to make tough decisions.
· Able to work in a team environment.
· Focused, proactive, and engaged in the product.
· Good negotiator.
· Deeply interested in helping the team be successful.
· A “People Person” with patience.
· Willing to learn and flexible enough to deal with the changes of agile.
