Both the Product Owner and Product Manager are responsible for making crucial decisions. Due to their difference in range of oversight, the types of decisions differ between the two roles.

• Feature Prioritization
  • Decision: What features should be developed and in what order to maximize value delivery.
• Requirements Definition:
  • Decision: What features should be included in the product and how they should function to meet user needs and business objectives.
• Acceptance of Work
  • Decision: Whether delivered work meets the acceptance criteria and delivers the intended value to users and stakeholders.
• Feedback Incorporation
  • Decision: How to incorporate feedback into the product backlog and development process.
• Backlog Refinement
  • Decision: What items to add, remove, or reprioritize in the backlog to ensure it reflects the most current understanding of user needs and business goals.
• Definition of Done
  • Decision: The criteria that must be met for a user story to be considered completed and ready for release (in collaboration with the development team).
• Release Planning
  • Decision: Which features to include in each release based on stakeholder needs and development capacity.

• Product Strategy
  • Decision: Direction of the product, target market, positioning, and long-term goals based on market analysis, customer insights, and business objectives.
• Market Analysis
  • Decision: How to position the product in the market and differentiate it from competitors.
• Resource Allocation
  • Decision: Resource prioritization, staffing, and investment based on strategic priorities and business objectives.
• Release Planning
  • Decision: When and how to release new product features and updates to maximize market impact and customer value.
• Go-to-Market Strategy
  • Decision: Pricing, distribution channels, marketing messaging, and sales enablement strategies to maximize product adoption and revenue generation.
• Competitive Analysis
  • Decision: How to position the product relative to competitors and capitalize on market opportunities.
• Product Metrics and KPIs
  • Decision: Which metrics to track, how to measure product performance, and how to use data insights to inform product decisions and strategy.
• Product Lifecycle Management
  • Decision: When to invest in new features, when to sunset legacy features, and how to evolve the product to meet changing market needs over time.