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Product Management · Product Prioritization Frameworks: RICE, MoSCoW, Kano and Value vs Effort

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Stop 1 of 5 · Meal-kit kitchen: scoring the backlog

Trick to keep in mind+3 XP

RICE: multiply the three goods (R, I, C), divide by the cost (E).

RICE is Reach x Impact x Confidence, divided by Effort. Confidence is a percentage that discounts a guess, so it multiplies as a decimal. For example, Reach 1000, Impact 3, Confidence 60% and Effort 2 person-months gives 1000 x 3 x 0.6 = 1800, then 1800 / 2 = 900. Skipping any factor changes the answer.

Read it once, then a question tests whether the trick stuck.