🤩 Template of the Month: Decision Matrix

Miša Hennin

Hey!

Sometimes even people at the top struggle to make decisions, especially when there are a lot of criteria to factor in. But not to worry, our Decision Matrix template can help you make the right decision, fast.

All you have to do is:

1. Define the categories relevant to your decision (for example, cost, quality, etc.).
2. Add the options that you are making a decision on to each of the categories.
3. Give every option a score on a 1-5 scale.
4. Now add weight to each criterium based on importance for the decision (1-5). So if cost is the most important factor add a weight of 5.
5. Multiply the weight of each category with the rating you gave every option in that category.
6. Add up all the points - A winner should emerge.

Have you ever used a decision matrix? Let me know below.

(Browse a wide range of different templates for different sectors on our website!)