Pros and Cons of a Decision Matrix
Making decisions, especially those that will affect your entire team
and their performance, is the most challenging thing to do as a
project manager. While many believe that writing pros and cons can fix
this issue, it's not as easy as it seems.
Different aspects need to be revised and when stakeholders are part of
this process, come prepared because there will be a lot of biased
opinions involved.
So instead of relying on everyone else, you could employ a decision
matrix technique. Many say this is the best tool for complex and
important decisions, so let's test it out!
WHAT IS THE PURPOSE OF A DECISION MATRIX?
A weighted decision matrix is a powerful technique used to evaluate
and select the best option out of different choices. A decision matrix
is particularly useful if you choose more than one option, with
several different factors involved that affect the outcome.
You may encounter names like grid analysis, Pugh matrix, decision
grid, or problem selection matrix. They all mean ...
and their performance, is the most challenging thing to do as a
project manager. While many believe that writing pros and cons can fix
this issue, it's not as easy as it seems.
Different aspects need to be revised and when stakeholders are part of
this process, come prepared because there will be a lot of biased
opinions involved.
So instead of relying on everyone else, you could employ a decision
matrix technique. Many say this is the best tool for complex and
important decisions, so let's test it out!
WHAT IS THE PURPOSE OF A DECISION MATRIX?
A weighted decision matrix is a powerful technique used to evaluate
and select the best option out of different choices. A decision matrix
is particularly useful if you choose more than one option, with
several different factors involved that affect the outcome.
You may encounter names like grid analysis, Pugh matrix, decision
grid, or problem selection matrix. They all mean ...
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