Definition

Decision Matrix Definition

A decision matrix is a structured tool used to evaluate and compare multiple options or alternatives based on a set of predefined criteria or factors. It provides a systematic way to make informed decisions by assigning numerical values or scores to each criterion's importance and assessing how well each option aligns with those criteria. Decision matrices help individuals or teams weigh the pros and cons of different choices objectively, facilitating a transparent and rational decision-making process. This method is particularly useful when faced with complex decisions, as it enables a clear and data-driven assessment of options to determine the most suitable course of action.