A decision matrix is a tool for evaluating and comparing different options or alternatives based on a set of criteria or attributes. It involves scoring and weighting each criterion or attribute, and then calculating a total score for each option based on the assigned weights.
Effective strategies for using a decision matrix may include identifying the decision to be made, selecting relevant criteria or attributes, assigning weights to each criterion, evaluating and scoring each option based on the assigned weights, and using the resulting scores to inform the decision-making process.
Decision matrices can be used in a wide range of contexts, including business, healthcare, and public policy, and can help individuals and organisations to make informed decisions by providing a structured and objective approach to evaluating options and alternatives.
Decision matrix
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