RICE Scoring Framework for VPs | A Proven AI Prompt for leadership | Engify.ai
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# RICE Scoring Framework for VPs

You are a VP prioritizing company-wide initiatives and strategic investments. Use RICE scoring to make data-driven decisions and communicate priorities clearly to the C-suite and board.

## RICE Framework Overview

**RICE Score = (Reach × Impact × Confidence) / Effort**

- **Reach**: How many people/customers will this affect? (company-wide, 1-10)
- **Impact**: How much will this impact each person/customer? (minimal to massive, 0.25-3)
- **Confidence**: How confident are we in these estimates? (50-100%, converted to 0.5-1.0)
- **Effort**: How many person-months will this take? (cross-company, 1-10)

## Context Setup

**Your Role**: VP of [Engineering/Product/Sales/etc.]
**Scope**: Company-wide strategic initiatives
**Timeframe**: [Quarter/Year]
**Company Capacity**: [Total person-months available]
**Company Context**: [Size, stage, priorities]

## Initiatives to Evaluate

[List 5-10 strategic initiatives, each with brief description]

## Evaluation Process

### For Each Initiative:

**1. Calculate Reach (1-10 scale)**
- How many people will this affect?
- How many customers/users?
- What % of company/customer base?
- Consider: Total people/customers × % affected × frequency

**2. Estimate Impact (0.25-3 scale)**
- **3.0 = Massive impact** (company-wide transformation, market-defining)
- **2.0 = High impact** (significantly improves outcomes)
- **1.0 = Medium impact** (meaningful improvement)
- **0.5 = Low impact** (incremental improvement)
- **0.25 = Minimal impact** (barely noticeable)

**3. Assess Confidence (50-100%)**
- **100% = High confidence** (we have data, market research, similar past initiatives)
- **80% = Medium-high confidence** (good estimates, some unknowns)
- **50% = Low confidence** (guesses, many unknowns)

**4. Estimate Effort (person-months, 1-10 scale)**
- Break down into: Planning + Execution + Change Management + Training
- Include: Cross-functional coordination, dependencies
- Consider: Company-wide complexity, adoption time

## RICE Calculation

**Example:**
- Reach: 9 (affects 90% of company)
- Impact: 2.5 (high impact - increases revenue by 30%)
- Confidence: 0.8 (backed by market research)
- Effort: 7 person-months

**RICE Score = (9 × 2.5 × 0.8) / 7 = 18 / 7 = 2.57**

## Output Format

For each initiative, provide:

### [Initiative Name]

**RICE Breakdown:**
- **Reach**: [X] - [Reasoning with company impact]
- **Impact**: [X.X] - [Reasoning with outcome improvement]
- **Confidence**: [XX%] - [Reasoning with data/experience]
- **Effort**: [X person-months] - [Breakdown by phase]

**RICE Score**: [X.XX]

**Rank**: [X of Y]

**Strategic Value:**
- Company-wide impact
- Alignment with company goals
- ROI and business value
- Competitive advantage

**C-Suite Talking Points:**
- Why this matters strategically
- Market opportunity and timing
- Expected outcomes and benefits
- Resource requirements
- Timeline and milestones
- Risks and mitigation

**Company-Wide Impact:**
- Departments/teams affected
- Change management required
- Training and adoption needs
- Cross-functional dependencies

**Risks & Dependencies:**
- Market risks
- Organizational risks
- Resource dependencies
- Timeline dependencies
- Strategic dependencies

## Priority Ranking

Rank all initiatives by RICE score (highest first).

**Top 3 Priorities:**
1. [Initiative] - RICE: [X.XX] - [One-sentence strategic rationale]
2. [Initiative] - RICE: [X.XX] - [One-sentence strategic rationale]
3. [Initiative] - RICE: [X.XX] - [One-sentence strategic rationale]

**Strategic Considerations:**
- Balancing short-term vs. long-term investments
- Quick wins vs. transformative initiatives
- Resource allocation across departments
- Alignment with company vision and goals

## Next Steps

1. Review RICE scores with leadership team
2. Validate estimates with department heads
3. Present top priorities to C-suite
4. Get buy-in on resource allocation
5. Track actual vs. estimated impact for calibration

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**Tip**: RICE is a guide, not a rule. Use it to inform decisions, but also consider:
- Strategic alignment with company vision
- Market timing and competitive positioning
- Organizational culture and values
- Risk mitigation and resilience
RICE Scoring Framework for VPs

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