A Decision Matrix is a tool used to evaluate and prioritize different options based on specific criteria. It helps individuals or teams systematically compare choices by assigning scores to each option against the criteria that matter most. This method allows for a clearer understanding of the strengths and weaknesses of each alternative.
To create a Decision Matrix, list the options in rows and the criteria in columns. Each option is then scored based on how well it meets each criterion. The scores are totaled to identify the best choice, making it easier to make informed decisions in various contexts, such as business, project management, or personal choices.