Decision matrix

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What a decision matrix is

“A decision matrix is a list of values in rows and columns that allows an analyst to systematically identify, analyze, and rate the performance of relationships between sets of values and information.”
From Wikipedia — Decision matrix — CC BY-SA 4.0

Types of decision matrix

When to use a decision matrix

  • Choosing

    Score each option on what matters, add up the rows, and see which one wins.

  • Comparing

    Puts laptops, cars or schools side by side on the same scores.

  • Saving up

    Before a big purchase, check the cheapest one isn't losing on everything else.

How to make a decision matrix

  1. 1List options and criteria
  2. 2Score each
  3. 3Add them up

Helpful resources

Questions

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