New startup gets constantly bombarded with requests – new features and bug fixes. But with limited resources, have you wondered how they decide what to tackle first? This is where prioritization frameworks come in, and today we'll be exploring a powerful tool called RICE. RICE: A Simple Yet Effective Approach RICE stands for Reach, Impact, Confidence, and Effort. • Reach: How many people will this initiative affect? • Impact: How significantly will this initiative influence those it reaches? • Confidence: How certain are we about the reach and impact estimates? • Effort: How much time and resources will it take to implement this initiative? Higher RICE scores generally indicate initiatives with greater potential value. This allows you to compare different requests and prioritize those that will deliver the biggest difference to the user.
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