Making decisions is better when you use factors and weights. To make a fair and well-informed choice, the person making the decision should know how to rate each option and each measure. Making a choice is easier when you use a decision matrix and weighted factors. The person making the choice could use the matrix to make a list better or look at new options.
The choice matrix gives each factor a number value that shows how important it is. It gets more important as the number goes up. Most of the time, the number is shown on the front or back edge of the L-shaped grid. This feature lets the person making the choice look at and compare options better.
It's possible that this knowledge will help the person making the choice pick the most important factor. If someone has to make a choice between five options, they can put them in order from least to most important. By choosing more than once, you might be able to find the most important factor. Stakeholders can put a number on each factor. You can use this method when you have a lot of choices.
You can use a visual map to help you figure out what the most important factor is. This map shows how the choices are alike and how they are different. The person making the choice can quickly figure out which option is the best.
Another way that is similar uses a matrix with many criteria. To use the MDS method, you give choices to a two-dimensional mental picture. It helps the person making the choice by showing them how different options are. You don't need a computer to use MDS. It can be used in person without having to use complicated software.
It's normally important to meet high standards. The more likely choice is the one with a better score. On the other hand, a low total score doesn't always mean that the choice is wrong. Add thoughts from the other choices to the choice that has a low score to make it better.
You can get a more complicated analysis by comparing two things at a time. It is done at every level of the organisation. By comparing factors pair by pair, you can figure out how important each one is. Some people who make decisions may like this approach better because it can lead to skewed results.
Ask the people who have a stake in the matter to give numbers for each measure. Most of the time, the number shows an important factor. This method is known as straight rating. It's simple to set up and doesn't need any expensive tools or resources. But the person making the choice might have trouble figuring out how important each preference really is.