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Decision Matrix Template

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Mohamed Aziz
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205 views10 pages

Decision Matrix Template

dfrb

Uploaded by

Mohamed Aziz
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Get more from the Decision Matrix Template when

you combine it with our Lean Training System

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ate when
tem

werpoint-lean-training/
n-training-on-dvd/

Overview of the Decision Matrix Template


The decision matrix is a tool used to prioritize a set of options. It takes a
large decision, and turns it into a series of much smaller, more manageable
choices.
Of note, the layout of this decision matrix is atypical. You will often see the
criteria arranged in the column, with the options across the top. The benefit
of this matrix's reverse layout is that is allows more options, which is typical
of brainstorming sessions during continuous improvement projects, and it
allows sorting of ratings to scrutinize results.

Step 1 Select your criteria


Use the Criteria Selection page to decide how you will evaluate the set of options.

Step 2 Weight your criteria


Follow the instruction on the Criteria Selection page to apply weights to the criteria.

Step 3 Choose the options


Use brainstorming or some other method to identify the options and consolidate
similar ones. Screen for impractical options, or ones that should be excluded for other
reasons.

Step 4 Rate the options


Copy the criteria to the Decision Matrix page. Rate each option against each criteria
on the Decision Matrix. The level of scrutiny may vary from using a group consensus
to creating a table and doing rigorous data collection for each option.

Step 5 Rank and select


After rating each alternative, sort the Total Score column to identify the top options.
Use common sense to determine if the sequence makes sense. If they do not, first,
consider that your gut feel is incorrect. You have applied a systematic process to get
to this point. If you trust your gut, look for the errors in the process. It will likely be a
problem with the weighting system, but may also be from rating an option too high
against an important criteria.

Step 6 Act on your decision


No decision matters if it is not acted on. Create an action plan to put it to use.
ver. 9/5/10

www.Velaction.com
Copyright 2010 by Velaction Continuous Improvement, LLC.

x Template

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Criteria Selection Worksheet


Weight

Criteria
Enter Criteria Here

Total Weight
Rank

Step 1: Enter Criteria

Enter all criteria in the 'Criteria' column above. As configured, this decision matrix has space for only 1
You can add criteria, but you will also need to adjust the print layout.

Step 2: Rank the Criteria


Enter the rank of the criteria in terms of how important it is. Number 1 is most important.

Step 3: Sort by Rank


Sort the rows by rank. Click the arrow button by 'Rank' and then sort A to Z.

Step 4: Set the Extremes


Set the weight of the least important criteria as 1. Decide how much more important the number one
item is than the last, and set the weight accordingly. i.e. if it is 3 times more important, the number 1
be rated '3' and the lowest rank will be rated '1'

Step 5: Fill in the Weights

Decide how to weight the criteria between the extremes. The sequence of the weights should match t
sequence applied to the ranks.

www.Velaction.com

Copyright 2010 by Velaction Continuous Improv

0
% of decision

cision matrix has space for only 10 criteria.

1 is most important.

A to Z.

more important the number one ranked


s more important, the number 1 rank will

ce of the weights should match the

010 by Velaction Continuous Improvement, LLC.

How to Transpose Criteria

This pages contains instructions on how to transpose the criteria from column to
You may skip this page and copy directly into the Decision Matix if you are famil
this Excel feature.
Step 1

On the 'Criteria Selection' page, select the area containing the weights and the criteria. Do not copy th

Step 2
Select the first cell in the 'Weights' row on the Decision Matrix page.

Step 2
Use 'Paste Special' from the Paste drop-down menu. Select 'Values' and click the transpose box. Click

www.Velaction.com

Copyright 2010 by Velaction Continuous Impro

ria from column to row.


tix if you are familiar with

criteria. Do not copy the ranks.

e transpose box. Click 'OK'.

laction Continuous Improvement, LLC.

Decision Matrix
Created by

Date

Summary of Decision
CRITERIA

OPTIONS
Option
Option
Option
Option

Criterion 2

Criterion 1

Weights

Criterion
Criterion
1
2
0

1
2
3
4

www.Velaction.com

Copyright 2010 by Velaction Continuous Improv

Date

RAW SCORE
WEIGHTED
0
0
0
0

RANK

WEIGHTED SCORE

RAW SCORE

Results

SCORE
RANK
0
0
0
0

Velaction Continuous Improvement, LLC.

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