Decision Matrix Notion Template
Rohit GarudMake everyday personal/professional decisions using Decision Matrix
How often do we find ourselves in a dilemma of selecting one thing over the other, and sometimes it is virtually impossible to make up our mind. For example, you want to buy a mobile or a car, decide where to go for the vacation or which supplier to select for your business and so on. This template will help you in making such decisions.
A decision matrix is a simple but effective tool to evaluate different alternatives or options using different criteria clearly and objectively. A decision matrix helps in:
Reducing decision fatigue
Reducing the guesswork from decision-making
Prioritizing criteria
Making informed decisions
The decision matrix uses different criteria and their relative importance for ranking the alternatives based on their scores against these criteria. This approach facilitates the systematic evaluation of the alternatives or options with quantitative measures.
Steps for using Decision Matrix Notion Template
Follow the steps to reach the final decision of selecting one from a set of alternatives using the Notion template.
Step 1
List all the available alternatives and put them in columns. Brainstorm and select the criteria based on which the alternatives will be assessed and put the names in the rows.
Step 2
The next step is to work out the relative importance of the criteria using a five-point, a ten-point or a percentage scale and assigning weights. Here, the lowest value means that the criteria do not have much importance in the final decision, and the highest value means that it is extremely important. Multiple criteria can have equal importance and weight. You can leave the weight column empty if you want to use the unweighted decision matrix.
Step 3
Next, work your way along the database table row, scoring each alternative for each of the considered criteria. Score each alternative using a five-point, a ten-point or a hundred-point scale. You can start from 0 or 1 to 5, 10 or 100. Multiple alternatives can have the same score for a particular criterion.
Step 4
The template will multiply the individual scores by the criteria weights and will calculate the total score. Check the ‘Total Score’ table and make the final decision based on the alternative having the highest score.
Weighted Decision Matrix Notion Template Example
The template will calculate the score for each alternative, and the one having the highest score is the best choice for you.
Result for Weighted Decision Matrix Notion Template Example
Check the Tutorial Article for more details about this method and the template:
In a Dilemma? Make Decisions Using this Simple Free Tool
About Me:
I am an Engineer and interested in the Art of Making Decisions. Check my other articles related to decision making and achieving goals on Medium
https://medium.com/@rohit.garuda1992
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