Abstract
Informationally complete measurements form the foundation of universal quantum state reconstruction, while quantum parameter estimation is based on the local structure of the manifold of quantum states. Here we establish a general link between these two aspects, in the context of a single informationally complete measurement, by employing a suitably adapted operator frame theory. In particular, we bound the ratio between the classical and quantum Fisher information in terms of the spectral decomposition of the associated frame operator, and connect these bounds to the optimal and least optimal directions for parameter encoding. The geometric and operational characterization of information extraction thus obtained reveals the fundamental tradeoff imposed by informational completeness on local quantum parameter estimation.