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R.I.C.E.: A Guiding Framework for Scoping Product Requirements

When it comes to scoping product requirements, every company and team will have their own preference and style for process and documentation. However, it is always useful to have a guiding framework for which you can follow to further enhance those documents and support your decisions. That's where R.I.C.E. comes in. This simple acronym stands for Reach, Impact, Complexity, and Effort, and it provides a useful guide for evaluating potential product requirements and prioritizing them based on their potential value to your customers and your business. Here's a breakdown of what each letter in R.I.C.E. stands for: Reach: This refers to the number of customers or users who will be impacted by a particular feature or function. When evaluating a potential requirement, you should consider how many people will use it and how frequently they will use it. Impact: This refers to the potential value that a feature or function will provide to your customers and your business. Will it drive