Prioritisation Matrix: Weighted Method For Option Reduction
Prioritisation Matrix: Weighted Method For Option Reduction
Prioritisation Matrix
Weighted method for option reduction
Overview
What is it for?
To prioritize tasks, issues or possible options based on known,
weighted criteria.
Example
Where could I use it?
Use it in such as choosing opportunities to follow, problems to
resolve, causes to address or solutions to implement.
It can also be used to demonstrate rigour in your selection process.
Scoring: Criteria
being approved
1 = meets criteria poorly
implementation
High chance of
High chance of
Unweighted total
5 = meets criteria very well
Low running
Weighted total
Low cost of
How do I use it? Weighting:
success
1 = unimportant,
costs
5 = very important
Full supplier review system 1 3 5 2 11 40
Identify prioritization criteria. New supplier managers 5 4 3 1 13 43
Short education program 3 1 3 4 11 36
Identify weights for criteria. Reselection of suppliers 2 1 2 3 8 27
Score items.
Total scores.
Interpret the results.
Take action.
What is it for?
Expected Benefits:
Wrong decisions can be very expensive.
The Prioritisation Matrix helps to present the right decision to lead to a more successful outcome.
Background: Uses:
Throughout business situations and Use it to choose between alternative
especially within improvement projects, it is opportunities for improvement.
necessary to remain focused by selecting
Use it to choose specific sub-problems and
from a list of alternative actions or items.
causes to address.
The Prioritisation Matrix provides a rigorous
Use it to choose the final solution that will be
method of doing this.
implemented.
Identify the decision criteria which will be used for prioritisation For example use low cost of implementation
Identify
Phrase these in a way such that the meaning is clear and a high score rather than cost of implementation.
Prioritisation against them means a high priority. Keep the criteria list short about three to
criteria Put the criteria in a row at the top of the table. five criteria is recommended.
Choose a scale of values for weighting the criteria. A typical scale is 1 to 5, with 5 meaning high
Identify weights Identify score values for each criterion that will be used to weight the priority. You can also exaggerate the effect by
for criteria scores. using the three-part scale 1, 3 and 9.
Show these in the prioritisation matrix table.
Choose a scoring system for scoring the items in the list against the A typical scale is 1 to 5 or 1 to 10, with higher
criteria. numbers indicating items that meet the criteria.
Score items Apply the system to score all list items against all criteria. Again, you can use the three-part scale 1, 3 and
Show these in the prioritisation matrix table. 9.
Total the scores for each item. You can show non-weighted scores, weighted
Show these in the column at the right of the matrix table. scores and/or both.
Total scores
Examine the total scores, understand what contributed to each total. You can do what if experiments by going back
Interpret the and changing scores and weights to see what
results difference this makes.
Decide which items should be taken forward for further action. For example the top one item in a solution list is
next taken to the detailed design phase.
Take action
3. Identify weights
2. Identify criteria 4. Score items
Scoring: Criteria
being approved
1 = meets criteria poorly
implementation
High chance of
High chance of
Unweighted total
5 = meets criteria very well
Low running
Weighted total
Low cost of
5. Total scores
Weighting:
success
1 = unimportant,
costs
5 = very important
6. Interpret
7. Take action New suppliers managers
Work on getting would need work to get
sponsorship. Support with approved.
short education program.