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Prioritization Matrix

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

Prioritization Matrix sample
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.
The prioritization matrix ranks factors. The process allows one to identify the factors that are the first priority. These factors can then be analyzed for possible corrective actions. The prioritization matrix allows for the weighting of each identified criterion.
"Prioritization Matrix.
This tool 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]
The prioritization matrix is one of the Seven Management and Planning Tools (7 MP tools, Seven New Quality Tools).
The prioritization matrix template for the ConceptDraw PRO diagramming and vector drawing software is included in the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Prioritization matrix template
Prioritization matrix template, prioritization matrix,
Used Solutions
"Prioritization Matrix ... tool 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]
The opportunity prioritization matrix example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Prioritization matrix
Prioritization matrix, prioritization matrix,
Used Solutions
"The management and administration of health care is ... sector vital to the delivery of health care services. In particular, the practice of health professionals and operation of health care institutions is typically regulated by national or state/ provincial authorities through appropriate regulatory bodies for purposes of quality assurance. Most countries have credentialing staff in regulatory boards or health departments who document the certification or licensing of health workers and their work history." [Health care. Wikipedia]
The prioritization matrix example "Health care problems" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the solution Seven Management and Planning Tools from the Management area of ConceptDraw Solution Park.
Prioritization matrix
Prioritization matrix, prioritization matrix,
Used Solutions
"A prioritization matrix is a simple tool that provides a way to sort a diverse set of items into an order of importance. It also identifies their relative importance by deriving a numerical value for the priority of each item.
The matrix provides a means for ranking projects (or project requests) based on criteria that are determined to be important. This enables a department to see clearly which projects are the most important to focus on first, and which,
if any, could be put on hold or discontinued." [oqi.wisc.edu/ resourcelibrary/ uploads/ resources/ Project_ Prioritization_ Guide_ v_ 1.pdf]
The sales activity prioritization matrix example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Prioritization matrix
Prioritization matrix, prioritization matrix,
Used Solutions

PROBLEM ANALYSIS. Prioritization Matrix

Prioritization matrix - Sales affecting factors
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
7MP Tools

seven management and planning tools Seven Management and Planning Tools

seven management and planning tools
Seven Management and Planning Tools solution extends ConceptDraw PRO and ConceptDraw MINDMAP with features, templates, samples and libraries of vector stencils for drawing management mind maps and diagrams.

seven management and planning tools Seven Management and Planning Tools

seven management and planning tools
Seven Management and Planning Tools solution extends ConceptDraw PRO and ConceptDraw MINDMAP with features, templates, samples and libraries of vector stencils for drawing management mind maps and diagrams.

marketing, process, chart, Marketing Charts, Marketing Diagrams, solution park Marketing

marketing, process, chart, Marketing Charts, Marketing Diagrams, solution park
This solution extends ConceptDraw PRO v9 and ConceptDraw MINDMAP v7 with Marketing Diagrams and Mind Maps (brainstorming, preparing and holding meetings and presentations, sales calls).

Corrective Action Planning

Corrective Action Planning. Opportunity prioritization matrix
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.

CORRECTIVE ACTIONS PLANNING. Involvement Matrix

Involvement matrix - Sale problem solution - Business Diagram
The Involvement Matrix can identify the distribution of responsibilities and identify roles in a group or team. Use the Involvement Matrix to specify roles and responsibilities of actions in problem solving.
ConceptDraw Office suite is a software for corrective actions planning.
7MP Tools
7MP Tools
HelpDesk

How to Manage Problem Solving Using Seven Management and Planning Tools

seven-management -tools-risk-diagram
Stage by stage gouide on using visual tools to move toward solving the problem.
7 MP Tools
7 MP Tools

Decision Making

Decision Making. Root cause analysis tree diagram
Decision Making - ConceptDraw Office suite provides visual tools that are given support on the stage of the decision making.
The Seven Management and Planning Tools is a set for such diagrams: Affinity Diagram, Relations Diagram, Prioritization Matrix, Root Cause Tree Diagram, Involvement Matrix, PERT Chart, Risk Diagram (PDPC).

management diagram, management mind map Management Area

management diagram, management mind map
The solutions from Management area of ConceptDraw Solution Park collect templates, samples and libraries of vector stencils for drawing the management diagrams and mind maps.

PDPC

PDPC
ConceptDraw PRO extended with Seven Management and Planning Tools Solution from the Management Area of ConceptDraw Solution Park is the best software for drawing all types of diagrams from the Seven Management and Planning Tools: Affinity Diagram, Relations Diagram, Prioritization Matrix, Root Cause Analysis Tree Diagram, Involvement Matrix, PERT Chart, and Risk Diagram (PDPC).

Activity Network (PERT) Chart

PERT chart - Sales
Activity Network and Project Evaluation and Review Technique, or PERT, charts are a way of documenting and analyzing the tasks in a project.
This diagram is constructed as part of the process in creating a schedule of corrective actions. The Activity Network Chart (PERT) shows the logical connections and consequence of tasks to be performed. It displays the time period for problem solving and the implementation of all activities through the critical path.

Affinity Diagram

Affinity Diagram
The affinity diagram is a business tool used to organize ideas and data. It is one of the Seven Management and Planning Tools. But how design the Affinity Diagram quick and easy? ConceptDraw PRO diagramming and vector drawing software offers the Seven Management and Planning Tools Solution from the Management Area.

PROBLEM ANALYSIS. Root Cause Analysis Tree Diagram

Root cause analysis tree diagram - Manufacturing problem solution - Business Diagram
Root Cause Analysis Tree Diagram. Use the Root Cause Diagram to perform visual root cause analysis. Root Cause Analysis Tree Diagram is constructed separately for each highly prioritized factor. The goal of this is to find the root causes for the factor and list possible corrective action.
ConceptDraw Office suite is a software for problem analysis.
7MP Tools
7MP Tools