Decision Matrix Excel Template
Decision Making Spreadsheet. Define criterions & compare options. Printable matrix chart. Ready for presentations. No installation needed. All in Excel.
Have you ever struggled with what choice to give? Especially when you have too many options in your head and too many people telling you something else to choose from? Decision Matrix Excel Template will list down all of your options and criteria in your head and analyze them by giving coefficients and rates. In the end, you will be able to get the results on the dashboard.
Decision Matrix Template Features:
A decision matrix template is an Excel tool where you list all of your options and criteria which you also give them numerical values and coefficients to be able to calculate the weighted average of each option to determine which one is superior compared to others.
After determining the coefficients of each criterion it gets multiplied by the rate you give for each option and in the end. The decision matrix template gives you a final score for each of your options. It is possible to add many options and criteria which could enlarge your study.
Once you determine the values and the weights of the criteria, Decision Matrix Excel will color the best option green and the worst option red. While others, depending on the score will be colored with shades of yellow to also visually help you with colors.
The graph below the Decision Matrix demonstrates the overall score for each option you got and it is dynamic. The more option you add or the less you extract it is going to resize the chart according to the data it includes.
So do you want to try and learn which option is the best according to your criteria? Go ahead and find out. It’s very easy with this Decision Matrix template in Excel.
- Rating / Weighted Decision Matrix Section
- Professional design for presentations
- Full Print Ready
- Informational notes included
- No installation needed. Ready to use.
- Works both on Mac and Windows
- Compatible with Excel 2007 and later versions
- Does not include any VBA macros