Prioritization Matrix Online

  • Prioritization matrix To create a prioritization matrix, start by listing your objectives in making the decision and assigning them a value (highest = best). Then, make each of these objectives, along with its corresponding value, a column header for your matrix. Make each of your alternatives a row.
  • Prioritization Matrix template. When there are serious consequences for a wrong choice; When there is disagreement between decision makers; When all decision makers must support an important decision; This is the most rigorous and time-consuming of all decision-making tools and methods.

Priority Matrix uses 4-quadrants to help you focus on top priorities and projects. Learn how Priority Matrix creates a central source of truth so you can coordinate all the work your team needs to do. Priority Matrix for Office 365 helps you manage emails, share team priorities, and get more out of Microsoft Teams and Outlook. On a prioritization matrix, the vertical axis typically represents the benefit or value of a project or initiative, which can encompass the market potential of new products, cost savings of systems, sales lifts of different marketing initiatives, etc.

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Prioritization matrix

To create a prioritization matrix, start by listing your objectives in making the decision and assigning them a value (highest = best). Then, make each of these objectives, along with its corresponding value, a column header for your matrix. Make each of your alternatives a row. Next, for each alternative, rate the objectives on a scale of 1 to 10 (10 = best); then, multiply your ratings by the priority values. Add all the scores for each alternative to determine which has the higher number. This is your best decision, based on your priorities.

Prioritization Matrix Online

Increase Profits(4)

Maintain Low Customer Costs (3)

Implement Quickly (2)

Use Few Internal Resources (1)

Total Score

Alternative A

9 * 4 = 36

2 * 3 = 6

7 * 2 = 14

2 * 1 = 2

58

Alternative B

2 * 4 = 8

9 * 3 = 27

8 * 2 = 16

3 * 1 = 3

54

Prioritization Matrix Online

Prioritization Matrix online, free

See Also
Steps for creating a prioritization matrix