Take the Prime Rib out of the refrigerator for about 2 to 3 hours before cooking it. Let it reach room temperature, then trim the fat and french the bones as desired. Rub the meat down with the olive oil, then rub the spices and seasonings into the surface as well.
Preheat the oven to 325 degrees F when the roast is nearly at room temperature. Place the Prime Rib in a large metal roasting pan on a rack and place it near the center of the oven’s height.
Roast the Prime Rib for about 12 to 15 minutes per pound of meat. Begin checking the meat after 2 hours of cooking time, or 1.5 hours for a smaller roast. When the internal temperature reaches 115 for medium rare or 125 for a medium roast, turn the oven up to 450 degrees F. Let the high temperatures sear the exterior for about 10 minutes, then take the roast out and let it rest for at least 20 minutes before carving.