weighted decision matrix

A weighted decision matrix is a tool used to compare different options based on multiple factors. It assigns a importance score (weight) to each factor, reflecting how much it matters. Each option is then rated on these factors. By multiplying the ratings by the weights and summing them up, you get a total score for each option. This helps objectively identify the best choice, considering all relevant criteria fairly. It’s especially helpful when decisions involve complex trade-offs between different priorities.