RICE Framework Flashcards

1
Q

What does RICE stand for?

A

RICE stands for Reach, Impact, Confidence, and Effort.

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2
Q

What is the RICE Framework used for?

A

The RICE Framework is a prioritization method used in product management to evaluate and rank ideas, features, or initiatives.

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3
Q

What is ‘Reach’ in the RICE Framework?

A

Reach measures how many users will be affected by this feature or initiative over a given time period.

Measured as a number (e.g., number of customers per month, sign-ups per quarter). Higher reach means more users benefit.

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4
Q

How is ‘Reach’ measured?

A

Reach is measured as a number, such as the number of customers per month or sign-ups per quarter.

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5
Q

What is an example of ‘Reach’?

A

If a feature impacts 5,000 users per month, its reach score might be 5,000.

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6
Q

What is ‘Impact’ in the RICE Framework?

A

Impact measures how much this initiative will influence an individual user’s experience or behavior.

Typically measured on a scale from 0.25 (Minimal impact) to 3 (Massive impact).

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7
Q

How is ‘Impact’ typically measured?

A

Impact is typically measured on a scale: 3 = Massive impact, 2 = High impact, 1 = Medium impact, 0.5 = Low impact, 0.25 = Minimal impact.

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8
Q

What is an example of ‘Impact’?

A

A feature that significantly increases engagement might score 2 (High impact).

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9
Q

What is ‘Confidence’ in the RICE Framework?

A

Confidence measures how sure you are about your estimates for Reach and Impact.

Expressed as a percentage.

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10
Q

How is ‘Confidence’ expressed?

A

Confidence is expressed as a percentage: 100% = High confidence, 80% = Medium confidence, 50% = Low confidence.

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11
Q

What is an example of ‘Confidence’?

A

If you have strong user research backing your data, Confidence might be 90%. If it’s based on a hunch, it might be 50%.

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12
Q

What is ‘Effort’ in the RICE Framework?

A

Effort measures how much time and resources are required to complete this initiative.

Measured in person-months or any unit of effort, like days or weeks.

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13
Q

How is ‘Effort’ measured?

A

Effort is measured in person-months or any unit of effort, like days or weeks.

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14
Q

What is an example of ‘Effort’?

A

If a feature takes a team of 3 engineers 2 months to develop, Effort = 6 (3 engineers × 2 months).

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