Prioritization Matrix
aka Project Priority Matrix or Project Prioritization Matrix Excel template for decision making
What is a Prioritization Matrix?
An L-shaped matrix using weighted paired comparisons of alternatives and rating criteria.
When and why to use your
Priority 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 the decision-making tools and methods.
Use this time-consuming decision-making method only for your very most important decisions.
Most decisions can be made more easily using other decision-making tools.
When to use your
Decision Matrix template
Despite the similar names...
If you are seeking to do Project Prioritization
to choose between Lean Six Sigma projects
you will usually use your Decision Matrix template for that...
following the special instructions for Project Prioritization.
You might only use your Project Prioritization template once or twice in your entire life
to do especially thorough analysis for an especially important decision
How to use your
Prioritization Matrix template
Find and open your template
Find and open your
Prioritization Matrix template
(DecisionPriorities.xlsx)
in the same way that you find and open
your other 150+ Systems2win templates.
Save your working document
following the usual document storage and naming conventions established by your leaders
Open a Blank Sheet
When you're ready to start doing your own real work...
click the button to 'Open a Blank Sheet'
Excel Ribbon bar > Systems2win tab > Open a Blank Sheet
This blank sheet is where you will do your real work
(not on the Sample sheet)
Rename your new sheet.
If English is not your preferred language
Switch to your language, just like every Systems2win Excel template.
Now your team is ready to start using your
Prioritization Matrix Excel template
Analytical Criteria Method
Although this flexible tool can be used in many creative ways,
the classic way to use it is the Analytical Criteria Method.
Define the decision that needs to be made
Succinctly summarize the problem in the Title near the top of the page.
Ensure that everyone understands and agrees upon what is to be decided.
Define Operational Definitions if needed.
Define the focus of THIS worksheet
The focus of the first worksheet should be
to brainstorm and prioritize potential Evaluation Criteria.
Then create 1 worksheet per Evaluation Criterion —
where you will compare each Alternative based on just that 1 Evaluation Criterion.
To create a new worksheet —
use the 'Open a Blank Sheet' button in the Systems2win menu
(as instructed above)
List your unprioritized options — in no particular order
In the top section, list your options with no attempt to prioritize them.
Do not leave blanks between line items, but it is okay to leave blank rows at the end of the list.
Perhaps use brainstorming to generate robust options.
If you come up with more than 24 choices,
either combine or eliminate some choices, using List Reduction methods,
or if you need more choices — see advanced training for How to expand the list.
Rate each paired comparison
For each pairing of items on your list, ask
"Which is more important, and how much more?"
In the dropdown list, select your rating for the ROW as compared to the COLUMN.
In the corresponding grey cell,
it will automatically populate the inverse rating for the column as compared to the row.
Notice that almost everything in section 2 auto-populated when you completed section 1.
The only data that you enter is your forced choice paired comparison values.
The Prioritized List (in the bottom section) will auto-populate as you complete the other sections.
Do not edit anything in that bottom section.
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The focus of the first worksheet should be
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Then create 1 worksheet per Evaluation Criterion —
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Make your final decision
Using the simple Decision Matrix template (DecisionSimple.xlsx)
(NOT the Prioritization Matrix template)
compare all Alternatives against all Objectives (Evaluation Criteria)
From the Prioritized List section of the Evaluation Criteria sheet in the Prioritization Matrix:
This example was created using the old version of the Decision Matrix.
Objectives are now in columns and Alternatives are now in rows.
Copy the Prioritized List
to the Objectives header row
in the Decision Matrix.
And copy Weights
for Evaluation Criteria,
to the Importance header row in the Decision Matrix.
From the Unprioritized List section in any one of your other sheets in the Prioritization Matrix:
Copy the Unprioritized List
of Alternatives,
and
Paste Special > Values
to the Alternatives column of the Decision Matrix.
From the Comparison Grid section of each sheet in your Prioritization Matrix: (1 sheet per Evaluation Criterion)
Copy Weights for each Alternative,
and Paste Special > Values to the Rating grid in the Decision Matrix.
Tip: You might make the columns wider, and adjust the number format to display 2 decimal places, like we did in this example.
The Adjusted Scores in the Decision Matrix will contain your final ranking of your Alternatives —
prioritized using the detailed weights that your team took so much time to thoroughly consider.
Then your team makes your final decisions for Our Priority Ranking.
Bookmark = advanced
Advanced Training for your
Prioritization Matrix template
To print different Print Areas,
use the special Print Area buttons.
Learn more about how Systems2win Print Buttons
extend the standard features of Microsoft Excel.
How to Expand the List if you need more options
In each of the 3 sections — you must have the same number of rows of options.
Copy similar rows or columns
Do NOT simply insert rows or columns.
You must instead copy similar rows or columns, using Insert Copied Cells
In the grey column just to the left of the Prioritized List —
edit the numbers so that the numbering sequence continues correctly in your newly copied rows.
The comparison table must have the same number of columns as rows,
and your inserted columns must be to the left of the thin gold line that defines the boundary of the table.
The ID numbers for both rows and columns must continue the sequence.
You will need to manually copy & paste similar cells to keep the pattern or diagonal grey cells separating the editble white cells from the non-editable grey cells containing the formula.
Tip: Copy the (bottom) white cells first, then the (top) grey cells.
Re-protect your sheet as soon as possible,
so that you don't accidentally damage formulas
Better Thinking
If the decision that you are making involves process improvement...
then be sure to return (again and again)
to the Hansei questions to stimulate Lean Thinking.
Bookmark = Reading
Suggested Reading and Resources
Did we mention that the Prioritization Matrix is (by far) the most thorough and time-consuming
of the decision-making tools?
Are you interested in exploring easier, faster ways?
Learn about other decision-making tools,
and see suggested reading for decision-making methods.
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This Prioritization Matrix template comes with
priced low enough to empower every team member |
