Build a RICE Feature Prioritization Matrix for Product Roadmap Decisions

Act as a senior product manager with 10+ years of experience in [INDUSTRY] SaaS products. Help me build a RICE (Reach, Impact, Confidence, Effort) prioritization matrix for [PRODUCT NAME], which serves [TARGET USER PERSONA]. Here is the list of features/initiatives I need to prioritize: [LIST 5-10 FEATURES OR INITIATIVES] For each feature, perform the following steps: Step 1 — Define Reach: Estimate how many users/customers this feature will affect per [TIME PERIOD, e.g., quarter]. Explain your reasoning based on current user base of [APPROXIMATE USER COUNT]. Step 2 — Assess Impact: Score impact on a scale of 0.25 (minimal), 0.5 (low), 1 (medium), 2 (high), 3 (massive). Justify each score by mapping to [PRIMARY BUSINESS GOAL, e.g., retention, conversion, expansion revenue]. Step 3 — Assign Confidence: Rate confidence as a percentage (50%, 80%, or 100%) based on available data. Specify what evidence supports or is missing for each estimate. Step 4 — Estimate Effort: Quantify in person-months based on a team of [TEAM SIZE AND COMPOSITION, e.g., 2 engineers, 1 designer]. Flag any dependencies or technical risks. Step 5 — Calculate RICE Score: Use the formula (Reach × Impact × Confidence) / Effort. Rank all features from highest to lowest score. Present the results in a formatted table with columns: Feature | Reach | Impact | Confidence | Effort | RICE Score | Rank. Finally, provide: - A recommended roadmap grouping (Now / Next / Later) - 3 caveats or qualitative factors that the RICE score alone may not capture - Suggestions for what additional data to collect to increase confidence scores