This template of decision matrix diagram for ConceptDraw software was designed on the base of the table in Wikipedia article "Decision matrix".
"A decision matrix is a list of values in rows and columns that allows an analyst to systematically identify, analyze, and rate the performance of relationships between sets of values and information. Elements of a decision matrix show decisions based on certain decision criteria. The matrix is useful for looking at large masses of decision factors and assessing each factor’s relative significance. Decision matrix is used to describe a multi-criteria decision analysis (MCDA) problem." [Decision matrix. Wikipedia]
The template "Decision matrix" is included in Decision Making solution from Management area of ConceptDraw Solution Park.
"A decision matrix is a list of values in rows and columns that allows an analyst to systematically identify, analyze, and rate the performance of relationships between sets of values and information. Elements of a decision matrix show decisions based on certain decision criteria. The matrix is useful for looking at large masses of decision factors and assessing each factor’s relative significance. Decision matrix is used to describe a multi-criteria decision analysis (MCDA) problem." [Decision matrix. Wikipedia]
The template "Decision matrix" is included in Decision Making solution from Management area of ConceptDraw Solution Park.
Prioritization Matrix
You can design the Prioritization Matrix by hand on the paper, but we offer you the most easier way - to use the ConceptDraw PRO diagramming and vector drawing software extended with Seven Management and Planning Tools Solution from the Management Area.HelpDesk
How To Create a Prioritization Matrix
Making the prioritization matrix is helpful when all cannot be done at the same time. Prioritization matrix diagram shows the relationships between factors and this helps , to prioritize tasks and resources. This helps you to narrow down variants. By selecting and weighing options you can quickly determine the best choices and direct team to the best destinations. Prioritization matrix helps to identify a best way of implementing the most priority tasks. It is helpful in a case when you have limited resources. ConceptDraw solution for management and planning compiled from the Seven Management and Planning Tools, provides the ability to quickly build Prioritization Matrix diagrams for your project using special template.This template of belief decision matrix diagram for ConceptDraw software was designed on the base of the table in Wikipedia article "Decision matrix".
"Similar to a decision matrix, a belief decision matrix is used to describe a multiple criteria decision analysis (MCDA) problem in the Evidential Reasoning Approach. Instead of being a single numerical value or a single grade as in a decision matrix, each element in a belief decision matrix is a belief distribution." [Decision matrix. Wikipedia]
The template "Belief decision matrix" is included in Decision Making solution from Management area of ConceptDraw Solution Park.
"Similar to a decision matrix, a belief decision matrix is used to describe a multiple criteria decision analysis (MCDA) problem in the Evidential Reasoning Approach. Instead of being a single numerical value or a single grade as in a decision matrix, each element in a belief decision matrix is a belief distribution." [Decision matrix. Wikipedia]
The template "Belief decision matrix" is included in Decision Making solution from Management area of ConceptDraw Solution Park.
Corrective Action Planning
One of the stages of the problem's solving process scenario is Corrective Action Planning.Corrective action planning define people and groups involvement in corrective actions by roles, identify logical sequences of scheduled actions and critical path of problem solving, identify possible risks of action plan and propose preventive actions.
![](https://i1.ytimg.com/vi/NhkxOvc-Vtw/hqdefault.jpg)
PROBLEM ANALYSIS. Prioritization Matrix
ConceptDraw Office suite is a software for Prioritization Matrix diagram making. This diagram ranks the drivers’ factors to determine priority. It identifies the factors of the first priority for analysis of possible corrective actions. It assesses the weight of each factor for each criterion and specifies it in the Prioritization Matrix. The total sum of weights for a factor’s criteria indicates its priority.![7MP Tools](https://i1.ytimg.com/vi/NhkxOvc-Vtw/hqdefault.jpg)
Decision Making
The Decision Making solution offers the set of professionally developed examples, powerful drawing tools and a wide range of libraries with specific ready-made vector decision icons, decision pictograms, decision flowchart elements, decision tree icons, decision signs arrows, and callouts, allowing the decision maker (even without drawing and design skills) to easily construct Decision diagrams, Business decision maps, Decision flowcharts, Decision trees, Decision matrix, T Chart, Influence diagrams, which are powerful in questions of decision making, holding decision tree analysis and Analytic Hierarchy Process (AHP), visual decomposition the decision problem into hierarchy of easily comprehensible sub-problems and solving them without any efforts.
Authority Matrix Diagram Software
You need to draw Authority Matrix Diagram quick and easy? Design it with ConceptDraw PRO!ConceptDraw PRO extended with Seven Management and Planning Tools solution from the Management Area is the best Authority Matrix Diagram Software.
This vector stencils library contains 10 templates for drawing the prioritization matrices using the ConceptDraw PRO diagramming and vector drawing software.
The prioritization matrix is one of the Seven Management and Planning Tools (7 MP tools, Seven New Quality Tools).
"Prioritization Matrix ... is used to prioritize items and describe them in terms of weighted criteria. It uses a combination of tree and matrix diagramming techniques to do a pair-wise evaluation of items and to narrow down options to the most desired or most effective. Popular applications for the Prioritization Matrix include Return-on-Investment (ROI) or Cost-Benefit analysis (Investment vs. Return), Time management Matrix (Urgency vs. Importance), etc." [Seven Management and Planning Tools. Wikipedia]
Use prioritization matrix to rank items based on a set of criteria.
The example "Design elements - Prioritization matrix" is included in the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
The prioritization matrix is one of the Seven Management and Planning Tools (7 MP tools, Seven New Quality Tools).
"Prioritization Matrix ... is used to prioritize items and describe them in terms of weighted criteria. It uses a combination of tree and matrix diagramming techniques to do a pair-wise evaluation of items and to narrow down options to the most desired or most effective. Popular applications for the Prioritization Matrix include Return-on-Investment (ROI) or Cost-Benefit analysis (Investment vs. Return), Time management Matrix (Urgency vs. Importance), etc." [Seven Management and Planning Tools. Wikipedia]
Use prioritization matrix to rank items based on a set of criteria.
The example "Design elements - Prioritization matrix" is included in the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Cause and Effect Analysis
Cause and Effect Analysis - The Seven Management and Planning Tools is a tool for Cause and Effect Analysis that allows users to analyze the root causes for factors that influenced the problem. This diagram is constructed separately for each highly prioritized factor. The Diagram is then used for further formulation of potential actions.![7MP Tools](https://i1.ytimg.com/vi/NhkxOvc-Vtw/hqdefault.jpg)
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