PM Cheat Sheet
(2026 Edition)
12 frameworks, 10 metrics, 6 formulas, and the writing rules every PM should have memorised. Use as reference — not script.
Internalise with Daily Practice — Free →12 Frameworks
RICE
PrioritisationReach × Impact × Confidence ÷ Effort
AARRR (Pirate Metrics)
Funnel mappingAcquisition → Activation → Retention → Referral → Revenue
HEART
UX metric frameworkHappiness, Engagement, Adoption, Retention, Task success
MoSCoW
Scope prioritisationMust / Should / Could / Won't
Kano
Feature categorisationBasic / Performance / Delighter needs
JTBD
User need framingWhen [situation], I want to [motivation], so I can [outcome]
North Star
Team alignmentOne metric that captures value delivered AND leads business health
CIRCLES
Product design interviewsComprehend → Identify → Report → Cut → List → Evaluate → Summarise
STAR
Behavioural interview answersSituation → Task → Action → Result
OKRs
Goal settingObjective (qualitative) + 3–5 Key Results (measurable)
SCQA
Executive writing structureSituation → Complication → Question → Answer
SBI
Giving feedbackSituation → Behaviour → Impact
10 Core Metrics
DAU / MAU
Daily / Monthly Active Users. Ratio DAU:MAU shows stickiness (>20% is great for consumer apps).
LTV : CAC
Lifetime value to customer acquisition cost. 3:1 is healthy; below 1:1 is burning money.
D1 / D7 / D30 Retention
% of users active N days after signup. Core stickiness metric.
NRR
Net Revenue Retention. >100% means you grow from existing customers alone.
K-factor
Viral coefficient. >1 means self-sustaining growth.
Conversion rate
% of users who complete a specific action (signup, purchase, activation).
Churn rate
% of customers lost per period. Often inverse of retention.
NPS
Net Promoter Score. %promoters - %detractors. 50+ is great; 0+ is healthy.
Activation rate
% of new signups who hit the 'aha' action within the activation window.
Time-to-value (TTV)
Time from signup to first aha moment. Shorter TTV = higher retention.
6 Formulas to Memorise
TAM = # potential users × ARPU × 100% capture
Total Addressable Market
Viral coefficient = invites per user × conversion rate of invites
Virality
LTV = ARPU × gross margin × (1 / churn rate)
Customer lifetime value
CAC payback = CAC / (ARPU × gross margin)
Payback period in months
Compound growth = (ending/starting)^(1/periods) - 1
Growth rate calc
Expected value = Σ (outcome × probability)
Decision under uncertainty
6 PM Writing Rules
Lead with the answer, not setup
Use numbers, not adjectives
Cut hedging (just, maybe, perhaps, potentially)
Name owners and deadlines explicitly
Structure for scanning (headings, bullets)
Aim for shorter — cut 20% of every draft
FAQ
How should I use a PM cheat sheet?
As a memory aid, not a script. Reference it when preparing for interviews, writing strategy docs, or structuring analysis. But don't name frameworks in interviews or work conversations — use them as invisible scaffolding. Saying 'I'll apply CIRCLES' fails; using CIRCLES to structure your thinking without naming it wins.
Are these the only frameworks PMs should know?
No — these are the most commonly useful. There are many more (Good Strategy/Bad Strategy, Porter's Five Forces, Opportunity Solution Tree, Working Backwards). The ones on this cheat sheet are the ones you'll use most often. Depth in a handful beats breadth across many.
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