Decision Matrix Template
Foster informed decision-making with a decision matrix. Make choices based on systematic evaluations for clarity and confidence.
About the Decision Matrix Template
It can be overwhelming to make decisions when there are too many options available. That's where the decision matrix template comes into play. Designed to simplify the complex process of weighing options, this tool assists in organizing and comparing your choices side by side, enabling you to make well-informed decisions with clarity and confidence.
What's a decision matrix template?
A decision matrix template helps you list and evaluate your choices against a set of criteria. Its primary purpose is to facilitate a more objective comparison between various options, providing clarity by systematically presenting each choice's strengths and weaknesses.
One significant benefit of using a decision-making matrix is its ability to transform complicated decision-making processes into a structured and easily understandable format. This ensures that decisions are not just made on a whim but are backed by clear, tangible evaluations, ultimately leading to better and more confident choices.
How to use a decision matrix template in Miro
Thanks to Miro's automated features, using the decision matrix template is simple and intuitive. Here's how you can use the decision matrix in just four steps:
Select the template: Start by opening Miro's Template Library and selecting the decision matrix template.
List your choices: On each column, jot down all your options.
Determine criteria: Across the top, label each column with the names of the options, and in the rows, list the various aspects or criteria you'll be comparing your choices against.
Evaluate and score: Evaluate each option against every criterion and assign a score. By the end, you'll be able to discern which choice fares best across the board.
The magic lies in how each column helps in comparing the different aspects of your choices, granting you a holistic view and driving you toward the best decision.
Is the decision matrix template suitable for team collaborations?
Yes, Miro is a collaborative tool by design. Team members can simultaneously access and contribute to the matrix, making collective decision-making more efficient.
Can I customize the decision matrix template?
Yes, Miro's templates are fully customizable. You can add more rows and columns, change colors, and change it to fit your specific needs.
Is there a way to weigh the criteria differently?
Indeed, suppose certain criteria are more important to your decision-making process. In that case, you can assign different weights to them, making the matrix even more tailored to your situation.
Can I export or share my decision matrix once it is completed?
Yes, Miro allows users to export their matrices or share them directly with colleagues, ensuring everyone stays in the loop. Simply download your template as an image or PDF.
Get started with this template right now.
Assumption Grid Template
Works best for:
Leadership, Decision Making, Strategic Planning
Someone wise once said that nothing in life is certain. But the waters of the business world? It can seem especially uncertain and unclear. An Assumption Grid can help you navigate those waters and make your decisions confidently. It organizes your business ideas according to the certainty and risk of each — then your team can discuss them and make judgment calls, prioritize, mitigate risk, and overcome uncertainties. That’s why an Assumption Grid is a powerful tool for getting past the decision paralysis that every team occasionally faces.
3x3 Prioritization Method Template
Works best for:
Operations, Prioritization, Strategic Planning
It’s all about assessing a task or idea, and quickly deciding the effort it will take and the potential impact it will have—ranked low, medium, or high. That’s what the 3x3 prioritization method does: Help teams prioritize and identify quick wins, big projects, filler tasks, or time-wasters. With nine bucket areas, it offers slightly greater detail than the 2x2 Prioritization Matrix (or Lean Prioritization Method). It’s easy to make your own 3x3 prioritization matrix—then use it to determine what activities or ideas to focus on with your valuable resources.
Bull's Eye Diagram Template
Works best for:
Diagrams, Project Management, Prioritization
When you’re a growing organization, every decision can feel like it has make-or-break consequences—which can lead to decision paralysis, an inability to prioritize, inefficient meetings, and even low morale. If that sounds like you, put a Bull’s Eye Diagram to work. True to its name, a Bull’s Eye Diagram uses a model of concentric circles to help companies establish priorities, make critical decisions, or discuss how to remove or overcome obstacles.
Eisenhower Matrix Template
Works best for:
Leadership, Strategic Planning, Prioritization
Have an overwhelming list of to-dos? Prioritize them based on two key factors: urgency and importance. It worked for American president Dwight D. Eisenhower, and it can work for you—this decision-making framework will help you know where to start and how to plan your day. With our template, you can easily build an Eisenhower Matrix with a quadrant of key areas (Do, Schedule, Delegate, and Don’t Do) and revisit it throughout the day as your priorities change.
Competitive Analysis Template
Works best for:
Marketing, Decision Making
Developing a great product starts with knowing the lay of the land (meaning who you’re up against) and answering a few questions: Who are your competitors? How does your product or service compare? What makes you stand out? A competitive analysis will help find the answers, which can ultimately shape your product, value prop, marketing, and sales strategies. It’s a great exercise when a big business event is about to occur — like a new product release or strategic planning session.
Action Priority Matrix Template
Works best for:
Mapping
You and your teammates probably have more ideas than resources, which can make it difficult to prioritize tasks. Use an Action Priority Matrix to help choose the order in which you will work on your tasks, allowing you to save time and money and avoid getting bogged down in unnecessary work. An Action Priority Matrix is a simple diagram that allows you to score tasks based on their impact and the effort needed to complete them. You use your scores to plot each task in one of four quadrants: quick wins, major projects, fill-ins, and thankless tasks.