Prioritizing Your Product Roadmap with the ICE and RICE Frameworks
Published at Jan 5, 2022
Product management can be a challenging task, especially when it comes to creating and maintaining a product roadmap. The ICE and RICE frameworks are commonly used to prioritize and organize product roadmap items, but what do these frameworks mean, and how can you use them to create a solid product roadmap?
ICE stands for Impact, Confidence, and Effort. Impact refers to the potential impact that a product roadmap item will have on the business or customers. For example, adding a new feature that increases customer retention would have a high impact, while adding a feature that only has a small or insignificant impact on the business would have a low impact. Confidence refers to the level of certainty that the team has about the impact and feasibility of the item. For example, if a team has already completed a similar feature and is confident in its ability to replicate the process, its confidence in the new feature would be high. Effort refers to the resources required to complete the item. For example, if a product manager is considering adding a new feature that would require a significant amount of development time and resources, the effort would be regarded as high.
RICE framework is similar to ICE but with an additional metric, Reach. Reach refers to the number of users or customers that will be affected by the product roadmap item. It measures the scale of the item’s impact. For example, if a product manager is considering adding a new feature to their app that a small number of users will only use, the reach would be considered low. On the other hand, if the feature is used by the majority of the app’s users, the reach would be considered high.
To use these frameworks, product managers should first identify the goals and objectives of their product and then evaluate each potential product roadmap item against the ICE or RICE criteria. Items that score high on all criteria should be prioritized and included in the product roadmap.
It’s important to note that these frameworks are tools to help prioritize and organize your roadmap, but it’s not the only way to make decisions and there might be other factors to consider.
By taking into consideration Reach, Impact, Confidence, and Effort, product managers can make informed decisions about what items to prioritize and include in their product roadmap. With the help of these frameworks, product managers can create a solid and well-organized product roadmap that aligns with their goals and objectives.