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

SWOT analysis is a simple and structured planning tool for reviewing and assessing the position and health of an organization. It allows the organization to look deeply within itself to understand the factors that influence its ability to achieve its goals. It can be helpful for an entire organization, a department, a business unit, a project, and even in personal development and career progression. SWOT simply stands for Strengths, Weaknesses, Opportunities, and Threats.

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Kano Analysis

Kano Analysis

Kano analysis is a method used to identify and categorize customer needs. These categories are then considered when analyzing potential opportunities for improvement. Kano is often used when collecting the voice of the customer to categorize and prioritize all forms of customer feedback. It can be used in conjunction with QFD as well as in Six Sigma implementations.

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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

An importance-urgency matrix is an effective method for organizing priorities. It is a four field matrix that can be used to prioritize work activities as well as personal activities. For example, you can use it to enable you to manage your work and time more effectively. It is also referred to as the Urgent-Important matrix and the Eisenhower matrix.

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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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