According to the PMBOK Guide, 7th edition, an agile project is one that follows an adaptive development approach, where requirements and solutions evolve through collaborative efforts of self-organizing and cross-functional teams and their customers. In an agile project, the product owner is the person who represents the voice of the customer and defines the product vision and value. The product owner also prioritizes the product backlog, which is a list of features and requirements that need to be delivered by the project team. The product owner’s interest in having features released during product development over having the product completed in one year indicates a preference for delivering value early and frequently, rather than waiting for a final product. This is consistent with the agile principle of satisfying the customer through early and continuous delivery of valuable software. Therefore, the project manager should facilitate sprint planning sessions with a focus on defining the minimum viable product (MVP), which is the version of the product that has enough features to satisfy the customer’s needs and provide feedback for future development. By doing so, the project manager can help the product owner and the project team to align their expectations, scope, and schedule, and to deliver value incrementally and iteratively. References:

PMBOK Guide, 7th edition, page 19, section 1.2.2, Adaptive Development Approach

PMBOK Guide, 7th edition, page 20, section 1.2.3, Agile Project Environment

PMBOK Guide, 7th edition, page 21, section 1.2.4, Agile Principles

PMBOK Guide, 7th edition, page 23, section 1.2.5, Agile Team Roles

PMBOK Guide, 7th edition, page 25, section 1.2.6, Agile Practices