Who owns the backlog. Who talks to customers. Where the line is between discovery and delivery.
Here's the thing though:
The one thing that keeps breaking, no matter the title, no matter the org size, is context.
Not the roadmap. Not the backlog. Not the sprint goal.
The why behind decisions. What the customer actually said. What tradeoffs were discussed and never documented.
Why a ticket was scoped the way it was.
What actually happens when context gets lost:
→ A new engineer joins and reopens a debate the team closed three months ago.
→ A stakeholder asks why feature X got cut…nobody remembers.
→ The sprint starts and half the team is operating on different assumptions.
That's not a PM nor a PO problem.
It's a context problem. And it shows up everywhere, regardless of how you've structured the org.
The PM vs PO debate is just a title argument.
Managing context is the actual work, and almost nobody has a system for it.