How do you influence the roadmap when everything requires an ROI?
If you haven't tried the RICE framework to help prioritize in a numerical/data-driven way. try this!
RICE Framework (Reach, Impact, Confidence, Effort)
Reach: How many users/customers will this feature impact?
Example: Number of users affected, target segment size.Impact: What is the expected benefit?
Example: Score as High (3), Medium (2), Low (1).Confidence: How certain are you about the reach and impact?
Example: High (100%), Medium (80%), Low (50%).Effort: How much work is required?
Example: Estimate in engineering person-weeks or months.
Formula:
RICE Score= (Reach×Impact×Confidence)/Effort
Example:
Feature: Real-time behavioral data pipeline for enterprise clients.
Reach: Affects 20 enterprise customers, impacting 15% of revenue.
Impact: High (3) — Addresses a top complaint and enables upsell opportunities.
Confidence: Medium (80%) — Based on customer feedback and sales insights.
Effort: 4 person-months.
RICE Score: (20x3x0.8)/4=12