Weighted decision matrix
Weighted decision: which job offer
Pay ×3
Growth ×3
Commute ×2
Flexibility ×2
Weighted total
Council agency
Startup
Stay and step up
4
3
2
3
31
3
5
4
4
40
3
2
5
3
31
Score 1 to 5, times the weight: startup = 3×3 + 5×3 + 4×2 + 4×2 = 40
Make a weighted decision matrix
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What a weighted decision matrix is
“The matrix is useful for looking at large masses of decision factors and assessing each factor's relative significance by weighting them by importance.”
Types of decision matrix
When to use a weighted decision matrix
Choosing
Give what matters most a bigger weight, so it counts more in the total.
Work
Compare job offers on pay, growth, commute and flexibility, weighted your way.
Comparing
Two options with equal scores can end up far apart once the weights go in.
How to make a weighted decision matrix
- 1Weight what mattersWeighted decision: which job offerPay ×3Growth ×3Commute ×2Flexibility ×2Weighted totalCouncil agencyStartupStay and step upScore 1 to 5, times the weight: startup = 3×3 + 5×3 + 4×2 + 4×2 = 40
- 2Score each optionWeighted decision: which job offerPay ×3Growth ×3Commute ×2Flexibility ×2Weighted totalCouncil agencyStartupStay and step up432331Score 1 to 5, times the weight: startup = 3×3 + 5×3 + 4×2 + 4×2 = 40
- 3Multiply and addWeighted decision: which job offerPay ×3Growth ×3Commute ×2Flexibility ×2Weighted totalCouncil agencyStartupStay and step up432331354440325331Score 1 to 5, times the weight: startup = 3×3 + 5×3 + 4×2 + 4×2 = 40
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