<ul><li>Product Managers and Product Owners often neglect the financial aspect of product development.</li><li>Managing a product’s financial perspective is important for making informed decisions.</li><li>Instead of fixed cost estimates, teams should align budgets with expected customer outcomes.</li><li>Key financial metrics in Product Management include ROI, market share, revenue, and cost.</li><li>Agile teams must continuously review financial risks through contingency budgeting and financial transparency.</li><li>Visualization and a shared space for measurement can help teams make informed decisions on financial health.</li><li>Items order based on financial impact, where Feature A gets a higher order due to its higher ROI.</li><li>Agile teams should also focus on incremental funding and iterative value delivery to reduce upfront risks.</li><li>To handle uncertainty, Product Owners or Product Managers can stay flexible with budgets, use financial metrics with agile principles and practices and keep the business healthy.</li><li>Using financial metrics with agile principles and practices helps both product and business remain financially viable.</li></ul>

Financial Aspects in Agile Product Management

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