Tag Archives: selecting

Prioritization Matrix Template

The main idea behind the Prioritization Matrix is to compare and select the best alternative from a set of options. A basic matrix consists of a set of criteria options and the alternatives under consideration. Start by placing the criteria in the left hand column and the alternatives in the top row. Fill the matrix by ranking the alternatives against each criteria from best to worst. Finally, look at the bottom of the table to make the best decision for your situation.

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Decision Balance Sheet

Decision Balance Sheet

Sometimes when you are faced with an important decision, you spend a lot of time looking for a solution hoping to avoid making the wrong choice. One of the simplest ways to decide what to do is using the Decision Balance Sheet. It is a simple but effective decision-making method that enables the team to make more confident and balanced decisions. It uses a tabular record to represents the advantages and disadvantages of an idea or situation for the purpose of reaching to a decision quickly. This situation might be a problem that needs to be solved or a condition that needs to be changed. Read more »»

SWOT Analysis

SWOT Analysis

A SWOT analysis is a simple and structured planning tool for reviewing and assessing the position and health of an organization. It is a scan of the internal and external factors to evaluate the strengths, weaknesses, opportunities and threats for any given situation. It provides the knowledge needed to understand the current situation in order to make more effective decisions and develop more successful strategies. It can be helpful for an entire organization, an individual department, a business unit, a project and even in personal development and career progression. Read more »»

Kano Analysis

Kano Analysis

The Kano Model is a framework that is used to analyze customer needs and how those needs change as time goes on. It helps categorizing and prioritizing the different features of a product or service based on their impact to customer satisfaction. Those categories are then considered when analyzing potential opportunities for improvement. The Kano Model is often used to better understand how a product (or service) fits customer needs by mapping the existing or proposed features into the Kano categories. Read more »»

Pugh Matrix

Pugh Matrix

A Pugh Matrix is a selection method used to compare and select the best solution from a set of alternative proposals. It helps determine which of the solutions are more valuable than the others. One advantage of this method is that it does not require a great amount of quantitative data. Furthermore, subjective opinions about one alternative versus another can be made more objective.

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Importance Urgency Matrix

Importance Urgency Matrix

“We live in a time pressured world where it is common to have multiple overlapping commitments that all require immediate attention now. Urgency is no long reserved for special occasions, they are an everyday occurrences. How can one manage the flood of responsibilities, do excellent work and maintain a positive frame of mind?” (Stephen Covey)

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Pugh Matrix Template

The main idea behind the Pugh Matrix is to compare a set of alternatives against a standard to determine which one is the most appropriate. A basic matrix consists of the alternative proposals and a set of criteria. Start by writing the criteria in the left hand column and the alternatives in the top row. Fill the matrix by indicating how each alternative is compared against the standard (in the form of pluses and minuses). Finally, look at the bottom of the table to make the best decision for your situation.

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