Project Prioritization Framework
Use this framework to prioritize your projects based on Reach, Impact, Confidence, and Effort. The score is calculated using the RICE method.
Reach: Estimated number of people or entities affected by the project within a set timeframe.
Impact: The effect on those impacted, scaled from Minimal (0.25) to Very High (3).
Confidence: The confidence in delivering the project on time, scaled from Low (50) to High (100).
Effort: Total effort required to complete the project, measured in person-days.
Score: The calculated RICE score: (Reach x Impact x Confidence) / Effort
Download the spreadsheet template to get started with your own projects:
"Automated Data Entry" should be prioritized higher than "AI-driven Testing Platform" based on the scores above, even though "AI-driven Testing Platform" has a higher Impact.