Prioritization Matrix diagrams show the relationships between issues or ideas, help prioritize resources and processes, and organize data. This helps you narrow your options and compare choices in a systematic approach. By selecting and weighing criteria you can quickly highlight the best choices an force teams to the best alternatives.
Prioritization matrices can be used to rationally narrow down the focus of the team before detailed implementation planning can happen or enable selection of priority items by applying a set of criteria to them.
This approach requires consensus at each step but it gives equal opportunity to each choice for selection and dramatically increases success.
Prioritization matrices an L-shaped matrix.
Prioritization matrices are part of 7 M Tools.
Full Analytical Criteria Method
- The Full Analytical Criteria is a simplified version of Saaty’s Analytical Hierarchy Process (AHP).
- Use with small teams, limited options and criteria.
- Requires full consensus and the team MUST agree on the goal statement.
Start by creating a list of criteria and use an L-shaped matrix for EACH goal to compare one against the other. Then you combine all 3 into one by putting all criteria on the horizontal (x) axis and all options on the vertical (y) axis.
Ex. Vendor selection on 3 goals would be 3 separate matrices. You then combine all 3 into one.
Combination ID / Matrix Method
- begins with a tree diagram
- Then you note strong / some / weak with symbols along with arrow symbols showing up for driving cause or In for effect.
- Tally the outs, ins
Consensus Criteria Method
- Start with a weighting for each criteria
- Then force-rank each option.
- Then multiply the weight times the rankings in each cell.
- Sum the values for each option.