![]() ![]() So, if there are a lot of options, or if there is a high number of criteria, eliminate some choices and then use the matrix to reach a final decision. Having a manageable list of options and criteria is essential for harnessing the power of a decision matrix. Decision Matrix Example: Who’s Your New Butcher?ĭecision matrices can be used in many disciplines, from design to engineering, and can also be a useful tool for making personal decisions. It’s easiest to set up a decision matrix in a spreadsheet program like Excel, so the calculations can update automatically if weights or scores are changed. A decision matrix may not identify the perfect solution, but it will identify the best solution based on the available options. ![]() By applying a little math, the best decision will rise to the top - thereby taking the guesswork out of decision making. Place the options in a grid to analyze them based on selected criteria. Weighting factors is a critical step because multiplication is involved, and a higher number will give crucial factors a greater weight (hence the name). In a weighted decision matrix, each factor is given a numerical weight: the more important the factor, the higher the number. An unweighted decision matrix assumes that all factors have the same value. There are a number of variations, but the two main categories are weighted and unweighted. A decision matrix can have many names, including a grid analysis or opportunity analysis (for the process), criteria rating form, decision grid, or problem selection matrix (for the tool itself). Decision matrices are used to resolve multi-criteria decision analysis (MCDA). Using a matrix can also help you defend an existing decision (but hopefully the answer you get matches the decision you’ve already made). Report: Empowering Employees to Drive InnovationĪ decision matrix is a tool designed to help you choose the best option or course of action from a group based on key criteria.Solution Center Move faster with templates, integrations, and more.Events Explore upcoming events and webinars.Content Center Get actionable news, articles, reports, and release notes.Partners Find a partner or join our award-winning program.Professional Services Get expert help to deliver end-to-end business solutions.Technical Support Get expert coaching, deep technical support and guidance. ![]() Help Center Get answers to common questions or open up a support case.Smartsheet University Access eLearning, Instructor-led training, and certification.Community Find answers, learn best practices, or ask a question.Learning Center Find tutorials, help articles & webinars.What’s up next New data insights and faster, easier ways to find and organize your work.WorkApps Package your entire business program or project into a WorkApp in minutes.Digital asset management Manage and distribute assets, and see how they perform.Resource management Find the best project team and forecast resourcing needs.Intelligent workflows Automate business processes across systems.Governance & administration Configure and manage global controls and settings.Streamlined business apps Build easy-to-navigate business apps in minutes.Integrations Work smarter and more efficiently by sharing information across platforms. ![]()
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