Decision Matrix Analysis: How to Make a Good Decision by Weighing Up Different Factors

Decision Matrix Analysis (also known as Grid Analysis) is a technique for making a decision when you have to choose between several different options.

It's a great technique to use in almost any important decision where there isn't an obviously preferable option.

When you use Decision Matrix Analysis you can take decisions confidently and rationally, at a time when other people might be struggling to make a choice.

Find out how to use Decision Matrix Analysis in this short video.

[khaledgaber]

Thanks for this short, simple & very helpful video

[night_traffic]

wow. thanks a lot. this was very helpful

[sandeepagarwal]

Thanks!You should have multiplied by weightage!!

[otmanalami]

Please, is the spreadsheet sufficient to implement the decision matrix or It is better to have a dedicated web app tool for that?

[amirh]

Is Reliability 5 out of 4 for supplier 1?!!