What Is Certified Scrum Product Owner (CSPO) And Its Benefits

Editorial Team

Scrum is rapidly growing and is known as the most preferred choice of framework for those teams that are interested in adopting the agile philosophy. With the growth of Scrum framework fame, there is also a growing demand for Scrum Certification Training. Hence many professionals are performing the exams to acquire the Certified Scrum Product Owner title. In a Scrum team, there are the following roles

The product owner has the responsibility of maximizing the value of the product that results from the work performed by the Development team. But how he accomplishes this can be different depending on so many factors that also include the team, the business stakeholders, and also the development processes of the organization. The job responsibility of the product owner is to act on behalf of the consumers, prioritize the backlog, answer, and acquires answers to the team’s queries and also to accept or reject the work that is generated by the team. The fulfillment of these responsibilities requires the product owner to have skills that include facilitation, conflict management, creative thinking, and the ability to inspire the team and other stakeholders. The product owner is also responsible for maximizing the value of the product that results from the work of the Development Team. 

Seeing the present perspective of the business, the role of the product owner is important and very challenging. To be able to play the responsibilities of a Product Owner with expertise, being a Certified Scrum Product Owner is necessary. This certification will allow the Product Owner to be able to handle all the job requirements with high efficiency and proficiency. Getting a CSPO will allow you to gain many benefits from the organizations. The Scrum framework is becoming the most popular and massively followed agile methodology around the world. Hence the demand for product owners has grown many folds. The average salary of a certified product owner is around 27,103.08 dollars in the US. And at the same time, the demand for a CSPO is greatly increasing every day.

Who Is A Product Owner?

As indicated by the Scrum Guide,

“The Product Owner is answerable for expanding the estimation of the item coming about because of crafted by the Development Team. The Product Owner is the sole individual liable for dealing with the Product Backlog”.

From a business point of view, one of the essential jobs on any Scrum group is the Product Owner (PO). The product owner is responsible for getting the product to life which clients need. To accomplish this, the Product Owner does different exercises that incorporate making the item vision, refining the item overabundance, discharge arranging, working with the clients, clients, and different Stakeholders, dealing with the budget plan, launching the product, going to the Scrum gatherings, and working together with the group.

Since the Product Owner must get contributions from different business Stakeholders, they need aptitudes, for example, help, refereeing, inventive reasoning, and the capacity to impact the group and different partners.

In the cascade model of improvement, we have business delegates and business investigator giving the prerequisites. The Product Owner consolidates the position and obligation, which is conveyed across various jobs, including the client or support, the item supervisor, and the undertaking administrator.

What Are The Important Qualities That A Product Owner Should Have?

Visionary And Doer

The Product Owner is a visionary who can imagine the last item and impart the vision. The Product Owner is likewise a practitioner who oversees the vision to finish.

Pioneer And Team Player

As the individual is liable for the product’s prosperity, the Product Owner gives direction and course to everybody engaged with the advancement exertion and guarantees that intense choices are made. Simultaneously, the Product Owner must be a cooperative person who depends on close coordinated effort with the other Scrum colleagues, yet has no conventional authority over them.

Communicator And Negotiator

The Product Owner must be a viable communicator and arbitrator. The individual speaks with adjusts various gatherings, including clients, clients, improvement, and designing, promoting, deals, administration, activity, and the board.

Engaged And Committed

The Product Owner must have enough power and the correct degree of the board sponsorship to lead the improvement exertion and to adjust partners. The Product Owner must be focused on the improvement exertion.

Accessible And Qualified

The Product Owner must be accessible and qualified to work admirably. Being a Product Owner is typically an all-day work. It is essential to give Product Owners sufficient opportunity to do their obligations reasonably.

How To Become A CSPO?

To be able to become a CSPO, there no certain prerequisites but the willing candidates must take a two-day course given by the Certified Scrum Trainer and some other steps that are given below

  • Attend a two-day course tutored by CST
  • Read the Agile Manifesto, Scrum guide and also skim through the CSPO Learning Objectives
  • After this, you will be asked to accept the CSPO license agreement
  • Then you will have to complete your Scrum Alliance membership profile
  • There isn’t any test to become a CSPO. The Scrum Alliance will email you a link to the CSPO certificate. 
  • Lastly, you will have to maintain your certificate by earning the Scrum Education Units and getting your certificate renewed every two years with a renewal fee of $100.

Who Can Take The CSPO?

This training and obtaining the CSPO can be useful or the following roles in an organization

  • Scrum team members like the developers and the product owners
  • Business analysts/ Senior business analyst 
  • Quality assurance professionals 
  • Product manager/ product owner
  • Software developers and coders
  • Team leads
  • System architects

In conclusion, trying to be a product owner is not an easy task to do. It requires the professionals to understand the needs and requirements of the role before actually assuming it. The product owner is an important part of the Agile projects and will also go a long way in speeding up the velocity of the projects and in achieving the goals before the deadlines arrive. 

Why Should One Become A Certified Scrum Product Owner?

Agile methodologies are growing vastly around the globe, and there is a growing need for product owners around the globe. CSPO can easily be the highest paid ones in the organization, and still, their demand is taking peaks. Even though there is no requirement to acquire this title, but their salaries are quite huge. In companies like SAP, Amdocs, Cisco, Dell, HP, etc., there are increasing hiring of CSPO professionals. This is quite an attractive factor for people, and hence they are massively turning towards acquiring this certification. 

What Are The Responsibilities Of A CSPO?

A CSPO is entitled to maximize the value of the products or services that are being built. He is responsible for what will be built in the hands of the development team. The role of a Product Owner is quite challenging and also demanding. The Scrum guide says that backlog management is the top activity of a product owner. The Product Owner often acts as the spokesperson for the product under development. The duties of a product owner are

  • Focus on learning and treat the requirements as a hypothesis
  • Make sure that the product backlog items are clearly expressed
  • Keep slicing for value
  • Have a shared understanding with the team by visualization
  • Ask open questions to change the team
  • Ask “Why” repeatedly to challenge the stakeholders
  • Treat estimates only as estimates and do not decrease the trust over the team
  • Feed the team with problems and not only solutions 
  • Understand the lean product development
  • Make sure to be fair about what’s done and what needs to be done
  • Set an example to act and speak according to the Values of Scrum and the Agile Principles

These were some of the basic things you need to know about the CSPO and what its importance is in organizations around the world. You can take the CSPO title and become a major and important part of organizations. You can get huge salaries for this role, but the responsibilities must also be fulfilled accordingly. The hands-on experience you will get from being a CSPO will help you in carrying out your duties perfectly. 

What Are The Benefits of Owning A CSPO?

CSPO Certification Benefits CSPO confirmation offers the accompanying advantages

  • Builds the extent of your vocation openings overall industry parts receiving Agile practices
  • Show and apply center Scrum information
  • Comprehend the establishment of Scrum and find out about the extent of the job
  • Team up with Scrum specialists focused on consistent improvement

Notwithstanding satisfying the job of the Product Owner on a Scrum Team, your CSPO affirmation gives you two-year participation with Scrum Alliance®. For individuals seeking after a more significant level of affirmation in Scrum, for example, the Certified Scrum Professional (CSP) assignment, the CSPO gives participants 16 Scrum Education Units to add to the all-out 70 SEUs they have to turn into a CSP.

Scrum Product Owner Salaries

The salary of a guaranteed Scrum Product Owner shifts from nation to nation. Examined below are the normal pay rates for three significant countries

The normal Scrum Product Owner compensation in India is 18 Lakhs for each year.

The normal compensation of the Scrum Product Owner in the US is $ 100,831 every year.

The normal compensations fluctuate from city to city in various nations. Given beneath are the pay rates to a Certified Scrum Product Owner (CSPO)

  • London Pound 49,042
  • San Francisco $ 139,115

Note This information depends on the pay report by Glassdoor and Payscale.

Top Organizations Recruiting Certified Scrum Product Owners

Confirmed Scrum Product Owners are looked for after by top organizations around the globe. A portion of the top organizations which are recruiting Certified Scrum Product Owners is Intel, Siemens, Target, EY, GE Healthcare, Honeywell.

What Are The Requirements To Turn Into A CSPO?

Before turning into a Certified Scrum Product Owner, you should initially acquaint yourself with Scrum. The ideal approach to do this is by perusing the Agile Manifesto and Scrum Guide and viewing the Scrum Foundations eLearning Series.

When you have finished these essentials, you should go to an in-person CSPO course educated by a Certified Scrum Trainer (CST). The CSPO course is an in-person course that comprises of two 8-hour days. In the course, you will gain proficiency with the basics of Scrum and the duties of the Product Owner through activities, conversations, and contextual investigations.

The Main Subjects Of A CSPO Course

  • Procedures for building up a Product Vision
  • Step by step instructions to make, keep up and request a Product Backlog
  • Step by step instructions to distinguish client needs
  • A diagram of measuring in Scrum
  • Step by step instructions to oversee partners

Conclusion

Confirmed Scrum Product Owner (CSPO) is an unquestionable certification to have for hopeful product owners or any individual who needs to work with the “business side” of projects. This confirmation guarantees that you have a strong establishment to kick off your profession as a Product Owner.

In case you’re somebody who is alright with the “business side” of ventures, you are presumably the correct individual to try to accomplish a Certified Scrum Product Owner® (CSPO®) affirmation. While the Certified Scrum Master® (CSM®) enables the Scrum to cooperate to learn and execute Scrum, as a CSPO, you make the item vision, request the Product Backlog, and ensure the ideal activity is done to enchant the client. Getting a CSPO will definitely make you an asset in the business world and will help you excel in your career to grow towards success and be knowledgeable to carry out projects.