Description: The ‘Product Vision’ is a clear and concise statement that describes what a product aims to achieve and who it is intended for. In the context of agile methodologies like Scrum and Extreme Programming, this vision serves as a fundamental guide that directs the development team in creating a product that meets the needs of its users. The vision should be inspiring and provide a sense of purpose, helping to align all team members around a common goal. Additionally, it should be flexible enough to adapt to changes that arise during development, allowing for iterations and continuous improvements. A good product vision not only defines the desired features and functionalities but also considers the value the product will bring to the market and how it will differentiate itself from the competition. In summary, the product vision is essential for the success of any agile project, as it establishes a clear framework that guides development and ensures that the final outcome meets the expectations of users and stakeholders.