RICE scoring model - a prioritization framework in product management
The RICE scoring model is a prioritization framework used primarily in product management.
projects,
features, or
initiatives
to pursue.
Understanding RICE:
R - Reach:
This measures how many people will be affected by the initiative within a specific timeframe.
I - Impact:
This assesses the degree of effect the initiative will have on those people.
C - Confidence:
This represents the level of certainty you have in your reach and impact estimates.
E - Effort:
This quantifies the resources (time, personnel, etc.) required to implement the initiative.
Example for 'Reach'
A Mobile App Notification
- A mobile app company wants to implement a push notification to remind users about an upcoming sale.
- Their "Reach" calculation could be:
- "We have 500,000 active app users, and we expect 80% of them to receive the notification."
- This means the "Reach" would be 400,000 users.
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