RICE Scoring Model‘s History
- Start of RICE Framework: The RICE roadmap prioritization approach was created by messaging software manufacturer Intercom to enhance its internal decision-making procedures.
- Testing over Various Models: The company’s product team was aware of and had experience with a variety of prioritizing models for product managers; nevertheless, they were unable to find a solution that was suitable for Intercom’s distinct combination of competing project ideas.
- RICE Framework Formation: To overcome this difficulty, the group created a unique scoring system that included four variables—effort, reach, impact, and confidence—with a formula for measuring and aggregating them. The team would then have an objective method to decide which projects to prioritize on their product roadmap because this methodology would produce a single score that could be reliably applied to even the most varied types of ideas.
RICE Framework and How to Prioritize Your Ideas?
A solid framework for prioritization can assist you in evaluating every aspect of a project concept with objectivity and integrating those aspects in a methodical, repeatable manner. So product managers know the difficulties in setting priorities for a product roadmap. They therefore employ prioritizing methods, like the RICE framework, to evaluate the potential worth and importance of ideas to make the process less intimidating.
Table of Content
- What is the RICE Framework?
- What does RICE Stand For?
- RICE Scoring Model’s History
- How does the RICE Prioritization Framework Work?
- Examples of Prioritization Using the RICE Framework
- Benefits of the RICE Framework
- Drawbacks of the RICE Framework
- Some Alternatives to the RICE Prioritization Method
- Conclusion
- FAQs