Decision Matrix 3 Options

What It Is

The Decision Matrix is a tried and tested tool used commonly by analysts in businesses of all sizes. If you're trying to make a selection between multiple options (e.g. vendors, suppliers, event venues, anything!), this Google Sheets spreadsheet is the tool for you. This template provides a structured way to rank up-to 3 possible options using factors important to you.

Why It's Great

• Get detailed with what’s important to you for the decision you’re making. List and rank up-to 50 factors.

• Compare up-to 3 possible options with room to make notes to help you with your scoring.

• Indicate the relative importance of your decision factors using the default suggested Ranking scale or customize it to meet your needs.

• Score your options against the factors using the default suggested scoring scale or extend it for more scoring options.

• The auto-updating Dashboard does all the calculations for you, and clearly lays out the winner with charts to enable you to visually compare how the options scored against each other

• The Scorecard lays out the complete breakdown of each option and their individual total and factor scores.

• Included are step-by-step instructions with annotated screenshots to guide you on how to use the template. And it comes pre-populated with sample data so you can start playing with it straight away to get a feel for how to use it.

We also have a 6-option Decision Matrix.