Product Management

# RICE Scoring Framework

## Formula
RICE Score = (Reach × Impact × Confidence) / Effort

## Scoring Guide

### Reach (users/quarter)
- 10,000+ users → 10
- 5,000-10,000  → 7
- 1,000-5,000   → 5
- 500-1,000     → 3
- < 500         → 1

### Impact (on key metric)
- Massive (3x)  → 3
- High (2x)     → 2
- Medium (1.5x) → 1
- Low (1.2x)    → 0.5
- Minimal       → 0.25

### Confidence (in estimates)
- High (data)   → 100%
- Medium (some) → 80%
- Low (guess)   → 50%

### Effort (person-weeks)
- 1-2 weeks     → 1
- 3-4 weeks     → 2
- 1-2 months    → 4
- Quarter       → 8

# Example: Batch Valuation API
Reach: 5,000 (score: 7)
Impact: High (score: 2)
Confidence: High (score: 1.0)
Effort: 3 weeks (score: 2)

RICE = (7 × 2 × 1.0) / 2 = 7.0