Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Document Title
Decision Matrix
Date
Date: {{date}}
Purpose of Decision
The purpose of this decision matrix is to evaluate and select the most suitable option for: {{purpose_of_decision}}.
Options Under Consideration
List of Options:
1. {{option_1_name}}: {{option_1_description}}
2. {{option_2_name}}: {{option_2_description}}
3. {{option_3_name}}: {{option_3_description}}
4. {{option_4_name}}: {{option_4_description}}
5. {{option_5_name}}: {{option_5_description}}
Evaluation Criteria and Weighting
The following criteria will be used to evaluate each option, with assigned weighting (1-5, 5 being most important):
- {{criterion_1_name}}: {{criterion_1_weighting}} (e.g., Cost, Quality, Time, Risk, Strategic Alignment, Resource Availability)
- {{criterion_2_name}}: {{criterion_2_weighting}}
- {{criterion_3_name}}: {{criterion_3_weighting}}
- {{criterion_4_name}}: {{criterion_4_weighting}}
- {{criterion_5_name}}: {{criterion_5_weighting}}
Decision Matrix Table
Instructions: Rate each option against each criterion (1-5, 5 being best). Multiply the rating by the criterion's weighting to get a weighted score. Sum the weighted scores for each option to determine the total score.
| Criterion \ Option | {{option_1_name}} | {{option_2_name}} | {{option_3_name}} | {{option_4_name}} | {{option_5_name}} |
|---|---|---|---|---|---|
| {{criterion_1_name}} (Weight: {{criterion_1_weighting}}) | Rating: {{option_1_criterion_1_rating}} | Rating: {{option_2_criterion_1_rating}} | Rating: {{option_3_criterion_1_rating}} | Rating: {{option_4_criterion_1_rating}} | Rating: {{option_5_criterion_1_rating}} |
| | Weighted Score: {{option_1_criterion_1_weighted_score}} | Weighted Score: {{option_2_criterion_1_weighted_score}} | Weighted Score: {{option_3_criterion_1_weighted_score}} | Weighted Score: {{option_4_criterion_1_weighted_score}} | Weighted Score: {{option_5_criterion_1_weighted_score}} |
| {{criterion_2_name}} (Weight: {{criterion_2_weighting}}) | Rating: {{option_1_criterion_2_rating}} | Rating: {{option_2_criterion_2_rating}} | Rating: {{option_3_criterion_2_rating}} | Rating: {{option_4_criterion_2_rating}} | Rating: {{option_5_criterion_2_rating}} |
| | Weighted Score: {{option_1_criterion_2_weighted_score}} | Weighted Score: {{option_2_criterion_2_weighted_score}} | Weighted Score: {{option_3_criterion_2_weighted_score}} | Weighted Score: {{option_4_criterion_2_weighted_score}} | Weighted Score: {{option_5_criterion_2_weighted_score}} |
| {{criterion_3_name}} (Weight: {{criterion_3_weighting}}) | Rating: {{option_1_criterion_3_rating}} | Rating: {{option_2_criterion_3_rating}} | Rating: {{option_3_criterion_3_rating}} | Rating: {{option_4_criterion_3_rating}} | Rating: {{option_5_criterion_3_rating}} |
| | Weighted Score: {{option_1_criterion_3_weighted_score}} | Weighted Score: {{option_2_criterion_3_weighted_score}} | Weighted Score: {{option_3_criterion_3_weighted_score}} | Weighted Score: {{option_4_criterion_3_weighted_score}} | Weighted Score: {{option_5_criterion_3_weighted_score}} |
| Total Score | {{option_1_total_score}} | {{option_2_total_score}} | {{option_3_total_score}} | {{option_4_total_score}} | {{option_5_total_score}} |
Analysis and Recommendation
Based on the evaluation above, the recommended option is: {{recommended_option}}.
Justification for recommendation: {{justification_for_recommendation}}.
Additional comments or considerations: {{additional_comments}}
Approval
Approved by:
Name: {{approver_name}}
Title: {{approver_title}}
Date: {{approval_date}}
Signature Block
_________________________
{{name}}
{{title}}
{{date}}
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