Product Management Certification with Agile Product Owner and Scrum - Tip 13

The video tutorial emphasizes the importance of setting strict priorities as a product owner. It guides on managing the product backlog by focusing on essential features that users frequently use. The 8020 rule is highlighted, suggesting that focusing on top priorities yields significant benefits. Assigning business value to each story based on metrics like user likability and revenue is recommended. High-rated stories should be prioritized, ensuring lower-priority items are addressed only when higher ones cannot be started.

What is the importance of prioritizing the product backlog?

How should you determine which features to prioritize in your product backlog?

What does the 8020 rule suggest regarding prioritization?

What metrics can be used to give a business value rating to each story?

What should be the approach if there are items lower down the backlog?