It is no easy task to make business decisions that could have bottom lined consequences. You have to do so many analyses as well as weigh many aspects to reach out to a specific decision. This could be a daunting task whether you are an employee or a manager. To ease this problem, there is a solution that is a management decision matrix. You could easily evaluate things and get to a better result. Here are some in which decision matrix works:
Start with the problem
It is better to start with a problem that you are facing. Make a title and try to understand the problem and its implications. When you will be clear about the question that you have to answer you will easily be able to analyze by using the rows and columns.

Rows and columns
Here you are starting up with your analysis. The rows and columns will help you to get your solution. You may list the choices and options of your solutions in the rows of the matrix and the factors that you need to determine and evaluate could be listed in the columns.
Weighing and assessment Once the table is made you will need to go for weighing and assessment of the factors and solutions. You will need to check how important a factor is to make your decision. By this, you can get to know the priority of the factors that you need for your solution. Rank the factors according to their importance using a scale.






