Free RICE Template Excel

Ruben Buijs
Digital Consultant • 1 minutes • Oct 22, 2024

To help you get started with RICE prioritization, we've created a simple Excel template that you can download and use right away:

SCR-20241022-uwq

👉 Download RICE Prioritization Template

What is RICE Prioritization?

RICE is a prioritization framework that stands for Reach, Impact, Confidence, and Effort.

For a more detailed explanation, check out: Understanding RICE Prioritization

About the RICE Score Excel Template

Our Excel-based RICE prioritization template is designed to be:

  1. Easy to Use: Input your estimates, and the template calculates the RICE score automatically.

  2. Customizable: Adapt it to fit your specific needs and context.

  3. Comprehensive: Keep all your prioritization data in one place.

How to Use the RICE Excel Template

  1. Download the Excel file from the link above.

  2. Open the file in Microsoft Excel.

  3. Navigate to the "Scoring Sheet."

  4. List your initiatives or features in the designated column.

  5. Input values for Reach, Impact, Confidence, and Effort for each item.

  6. The template will automatically calculate the RICE score and rank your initiatives.

  7. Use the calculated scores to inform your prioritization decisions.

Looking for a Long-Term Solution?

SCR-20241022-ua2

While this Excel template is great for quick calculations, managing prioritization over time can become complex with spreadsheets. For a more robust and collaborative approach, consider using ProductLift's prioritization feature. With ProductLift, you can:

  • Collaborate with Your Team: Invite team members to contribute and align on priorities.

  • Track Changes Over Time: Keep a history of how priorities evolve.

  • Integrate with Other Tools: Seamlessly connect with your existing workflow.

  • Focus on Long-Term Strategy: Move beyond one-time documents to a continuous prioritization process.

RICE Calculator Tool

For quick calculations without downloading the Excel file, try this online RICE Calculator tool: RICE Calculator

Whether you choose Excel, Google Sheets, PowerPoint, Notion, or Miro, our RICE templates are here to help you make informed, objective decisions about your product features. And if you're looking for a solution that grows with your team and product, ProductLift offers the tools you need for long-term success.

Article by

Ruben Buijs

Ruben is the founder of ProductLift. I employ a decade of consulting experience from Ernst & Young to maximize clients' ROI on new Tech developments. I now help companies build better products

Table of contents

  1. What is RICE Prioritization?
  2. About the RICE Score Excel Template
  3. How to Use the RICE Excel Template
  4. Looking for a Long-Term Solution?
  5. RICE Calculator Tool

Ship features your users (really) want.
Collect feedback, prioritize ideas, and build a product your customers love with AI-powered tools for feedback boards, roadmaps, changelogs, and knowledge bases.

Get Started for Free

The faster, easier way to capture user feedback at scale

Join over 3,051 product managers and see how easy it is to build products people love.

Did you know 80% of software features are rarely or never used? That's a lot of wasted effort.

SaaS software companies spend billions on unused features. Last year, it was $29.5 billion.

We saw this problem and decided to do something about it. Product teams needed a better way to decide what to build.

That's why we created ProductLift - to put all feedback in one place, helping teams easily see what features matter most.

In the last four years, we've helped over 3,051 product teams (like yours) double feature adoption and halve the costs. I'd love for you to give it a try.

Ruben Buijs

Founder & Digital Consultant

Read more

Product Prioritization Frameworks: Top 10 Most Popular

Discover essential product prioritization frameworks like RICE, Kano, and MoSCoW. Learn when to use each method, step-by-step prioritization processes, and FAQs to enhance your product roadmap with data-driven decisions.

RICE: Simple Prioritization for Product Teams

The RICE model is a framework that helps to identify which ideas, features or projects are worth investing in. The acronym stands for Reach, Impact, Confidence, and Effort. By assigning a score to each criterion, teams can rank their ideas and determine which ones are most valuable.

19 Proven Tactics to Position Your SaaS for Business Success

Product managers have to tell customers how their product is distinctive from others. You can stand out from the crowd if you can do that well. It can be your way to get a competitive advantage in a market where more significant players dominate. This article describes which factors are relevant to SaaS companies with some examples.