Free RICE Template Excel

Looking for a RICE template for Excel? We've created a simple RICE scoring spreadsheet that you can download and use right away:

👉 Download RICE Prioritization Template

🚀 Automate RICE scoring

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

RICE Score Formula in Excel

The RICE score formula used in this Excel template is:

RICE Score = (Reach × Impact × Confidence) / Effort

In the Excel file, this formula is already set up. The RICE format in each row calculates automatically when you input your values for each factor.

About the RICE Matrix 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.
4. Versatile: Use it as a prioritization matrix or decision matrix for any product decisions.

How to Use the RICE Excel Template

1. Download the RICE file from the link above (free RICE scoring model template).
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 prioritisation (prioritization) decisions.

Prefer a different format? Google Sheets version | PowerPoint version

Looking for a Long-Term Solution?

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 a Miro RICE prioritization template, 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.

Learn More About Prioritization

• RICE Prioritization Guide: How RICE works with examples
• All 10 Prioritization Frameworks: Compare RICE, ICE, MoSCoW and more
• Framework Comparison: RICE vs ICE vs MoSCoW side-by-side