The Product Backlog is an emergent, ordered list of what is needed to improve the product. It is the single source of work undertaken by the Scrum Team. Product Backlog items that can be Done by the Scrum Team within one Sprint are deemed ready for selection in a Sprint Planning event. They usually acquire this degree of transparency after refining activities. Product Backlog refinement is the act of breaking down and further defining Product Backlog items into smaller more precise items. This is an ongoing activity to add details, such as a description, order, and size. Attributes often vary with the domain of work. (Source: Scrum Guide 2020). User story is not part of scrum however you still can express product backlog item – PBI detailed requirements using user story template.
The product owner is in charge of managing the backlog and is also in charge of assigning items in the backlog a priority order based on their business value and ensuring that the team is aware of what needs to be built.
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