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). No-code required.Ī decision matrix is a tool designed to help you choose the best option or course of action from a group based on key criteria. 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.Secure request management Streamline requests, process ticketing, and more.Process management at scale Deliver consistent projects and processes at scale.Content management Organize, manage, and review content production.Workflow automation Quickly automate repetitive tasks and processes.Team collaboration Connect everyone on one collaborative platform.Smartsheet platform Learn how the Smartsheet platform for dynamic work offers a robust set of capabilities to empower everyone to manage projects, automate workflows, and rapidly build solutions at scale.
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