Free RICE Prioritization Excel Template

Ruben Buijs

Founder & Digital Consultant

Written on Sep 13, 2024

1 minutes

Blog

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

SCR-20240913-mbb

👉 Download RICE Prioritization Template

What is RICE Prioritization?

RICE is a prioritization framework that stands for Reach, Impact, Confidence, and Effort. It helps product managers and teams evaluate and compare different initiatives based on these four factors:

  1. Reach: How many people will this impact?

  2. Impact: How much will it affect each person?

  3. Confidence: How certain are we about our estimates?

  4. Effort: How much time and resources will this require?

By combining these factors, you get a single score that allows you to compare and rank different ideas objectively.

For a more detailed explanation of RICE prioritization, 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.

  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 Prioritization Template

  1. Open the downloaded Excel file.

  2. Navigate to the "Scoring Sheet".

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

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

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

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

RICE Calculator Tool

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

Why Use RICE Prioritization?

RICE prioritization can help you:

  • Make more objective decisions about product features

  • Compare different initiatives on a level playing field

  • Communicate priorities clearly to stakeholders

Whether you're new to product management or a seasoned professional, the RICE prioritization template can help streamline your decision-making process.

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 Prioritization Template
  4. RICE Calculator Tool
  5. Why Use RICE Prioritization?

Join 3,051 product teams building better with user feedback

Grow products by listening and building the right features

Start free

Read more

Free MoSCoW Prioritization Excel Template

Download the free MoSCoW prioritization Excel template. Categorize and prioritize product features easily using the MoSCoW method.

Read more

MoSCoW Prioritization: A Simple Guide (2024)

Learn how to use MoSCoW prioritization to focus on what matters most in product development. Discover tips from an expert consultant on implementing this simple yet powerful method.

Read more

ICE Score Framework Complete Guide (2024)

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

Read more

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