General overview of how to implement it

Decision matrix is basically a simple table with your options and factors for deciding. The goal is to calculate a score for each option based on their factor scores. The score will help you make your decision.

Here’s how to create a decision matrix step by step:

1. Write down the decision you need to make
2. List the options you have
3. Identify factors that you want to consider
4. Score the options on each factor
5. Add weight to the factors
6. Calculate the options’ scores – multiply each score by the factor weight, then add them up.
7. Pick your winner – option with the highest score