Product Review Cost Calculator
Review product roadmap and priorities. Calculate the true cost including salaries, overhead, and productivity impact.
Meeting Parameters
Cost Analysis
💡 Includes 1.4x overhead multiplier (benefits, equipment, space)
⏱️ Includes 15-min context switching cost per meeting
Quick Answer
Understanding Product Review Costs
Product Reviews are review product roadmap and priorities. While these meetings serve important purposes, their costs often go untracked and unoptimized. A typical 90-minute product review with 8 team members costs approximately $907 per session when accounting for full compensation and overhead.
What's Included in the Cost?
- Direct Salary Cost: Hourly compensation × duration × attendees
- Overhead Multiplier (1.4x): Benefits, payroll taxes, equipment, office space
- Context Switching: 15 minutes of productivity loss per meeting for preparation and recovery
- Opportunity Cost: Alternative productive work that could be completed instead
Optimization Strategies
Most product reviews can be optimized without sacrificing effectiveness:
- Reduce attendees: Only invite required decision-makers. Each person removed saves $5897 annually for weekly meetings.
- Shorten duration: Cut to 25 or 45 minutes instead of 30 or 60. Studies show work expands to fill time.
- Async alternatives: Move information-sharing to written updates. Reserve meeting time for decisions and discussion only.
- Preparation requirements: Require pre-reads and agendas. This reduces meeting time by 20-30% on average.
When to Consider Canceling
Not all product reviews need to happen. Consider canceling or replacing with async if:
- The meeting is primarily information-sharing (no decisions required)
- Attendance is consistently low or optional attendees don't show up
- No action items result from most meetings
- The same updates could be shared via email, Slack, or a recorded video
Frequently Asked Questions
How much does a product review cost?
A typical product review (90 minutes) with 8 people costs approximately $907 based on average B2B salaries of $75K. Costs scale linearly with team size and duration. Use our calculator above for your specific scenario.
What's the best duration for a product review?
90 minutes is typical for product reviews, but optimal duration depends on your agenda. Consider: (1) Can you accomplish goals in 25 minutes instead? (2) Would async updates eliminate the meeting? (3) Can you reduce attendees? Most meetings can be 25-50% shorter with better preparation.
How can I reduce product review costs?
Top strategies: (1) Invite only decision-makers (removing 2 people saves ~$227), (2) Shorten by 15 minutes (saves ~$151), (3) Move to async for information-sharing portions, (4) Record meetings so people can watch at 1.5x speed if optional.
Should I include this meeting's cost in our budget?
Yes. Meeting costs are real expenses that should be tracked like any other resource. For recurring meetings, calculate annual cost (per-meeting cost × frequency). If a product review costs $907 and runs weekly, that's $47174 annually - equivalent to hiring costs that deserve similar scrutiny.
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