Which statement best describes the role of the Product Owner?

The role of the Product Owner is fundamentally focused on maximizing the value of the product being developed. This involves making critical decisions regarding what features and tasks should be prioritized for development. The Product Owner actively collaborates with stakeholders to understand their needs and translates those insights into a prioritized backlog of work for the team. By deciding the priority of tasks and features, the Product Owner ensures that the team is always working on the most valuable activities that align with the overall vision and goals for the product. This prioritization is essential in Agile methodologies, where quick iterations and adaptability to change are crucial for success.