Business Process Management Center

Prioritization Step 2: One Criterion vs. All Options

The Criterion vs. Options matrix allows you to evaluate each option based on a set of criteria. Pick one criterion, such as cost, and then compare the relative cost of each option, using a scoring system like that of the Criterion vs. Criterion Matrix (see above). Option 1 might be equal in cost to (1), less expensive than (5), much less expensive than (10), more expensive than (1/5), or much more expensive than (1/10) Option 2. Score each option accordingly and add the scores for a row total. Then calculate the relative decimal value or option rating by dividing each row total by the grand total. Repeat this process for each criterion.

Prioritization Step 3: Summary Matrix

In the end, you can summarize your results in a single matrix by listing the option scores for each option. To calculate the option score multiply the criteria weighting from Step 1 (see above) with the option rating from Step 2 (see above). Add the option scores for each option for a row total. Divide each row total by the grand total for a final relative decimal value. Compare these values to decide which option to choose as a solution.