What is the purpose of a Product Backlog in Agile Development?

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What is the purpose of a Product Backlog in Agile Development?

The purpose of a Product Backlog in Agile Development is to serve as a dynamic and prioritized list of all the features, enhancements, and bug fixes that need to be implemented in a product. It acts as a single source of truth for the development team and stakeholders, providing transparency and visibility into the work that needs to be done. The Product Backlog helps in facilitating effective communication, collaboration, and decision-making throughout the development process, allowing the team to continuously adapt and deliver value to the customers.