Decision Matrix Step 1: List options as rows Step 2: Determine important attributes and add/remove columns, as appropriate Step 3: Assign relative weights to each attribute in row 9 (i.e. an 8 would be twice as important as a 4) Step 4: Assign objective 0-100 scores for how option satisfies each attribute (best to do this on an attribute-by-attribute basis) Step 5: Options with the higest scores should be considered 1 1 1 1 1 5 20% 20% 20% 20% 20% 100% Option Attribute 1 Attribute 2 Attribute 3 Attribute 4 Attribute 5 Score Option A 0 Option B 0 Option C 0 Option D 0 Option E 0 Notes: Of the options you’re considering, decide which attributes can be used to help make a decision. You can include as many attributes as necessary. For example, if you’re considering multiple vendors, you might use attributes like Cost, Reliability, Company Size, Expertise, Process Familiarity, etc. If you’re doing this as a group, make sure everyone agrees what the attribute means. It’s often helpful to include a few more words, like: “Process Familiarity – how well does the vendor understand the way we do things at our company?”
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