A RICE chart is a prioritization framework commonly used in product management to help teams evaluate and prioritize various projects, features, or initiatives based on four key criteria: Reach, Impact, Confidence, and Effort. The acronym RICE stands for: 1. **Reach**: This refers to how many people or customers a particular initiative will affect within a given time period. It's often quantified using metrics such as the number of users impacted over a specific timeframe (e.g., monthly active users).
New to topics? Read the docs here!