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Fundamentally, the difference between product owner vs business analyst is that one is part of the Agile method of project management, and the other is part of the Scrum approach. The Product Owner role is a much younger one, born from the Agile approach. Frequently projects in this area have 2 sponsors: the business sponsor and the IT sponsor. There is not a project for each release, but rather and ongoing stream of releases managed by a Product Manager, who is the CEO of the product.

Hence, we see that though there are some similarities in the eligibility requirements, for applying for the PMI-PBA course, the candidate needs to have experience of working in both business analysis and projects. They are primarily responsible for delivering the product in a timely and cost-effective manner, which sets their focus on keeping to a set budget, schedule, professional and scope.

As a rule, the process of researching and analyzing the activities of a project for possible gaps in business requirements and inefficiencies in solution delivery is carried out by a professional (or an expert group) appointed to the role of business analyst.

They are responsible for updating the business process throughout the project so everyone who has access to the process can keep up to date with what stage the project is at. There can be a huge difference in the job roles of a project manager who has obtained a PMP Certification and project manager who has obtained a PMI-PBA Certification.

As a rule-of-thumb BAs and Product Managers are concerned with the 'what' of a development while Project Managers are concerned with the 'when'. Many project managers apply for the PMI-PBA course to broaden their skills or to create more job opportunities for themselves.