Purpose of the Decision Matrix
The decision matrix is a tool used to help make decisions.
It is also known as the Double Bubble Map. The goal of the decision matrix is
to help you visualize your options and make a decision faster.
The decision matrix can be helpful in a variety of
situations. For example, if you are considering whether to take a job offer,
you can use the decision matrix to compare the pros and cons of the job. You
can also use it to decide which college to attend.
The decision
matrix is easy to use. All you need is a paper or electronic sheet
and some pens or pencils. To use the decision matrix, first draw two circles on
the paper or electronic sheet. The size of each circle depends on the situation
you are facing. For example, if you are considering taking a job offer, make
the circles smaller than if you are deciding which college to attend. Next,
list all of the options that are available to you in each circle. You can
include both pros and cons in each option. Finally, place a number next to each
option that represents how much you want that option. For example, if you are
considering taking a job offer, place 1 next to the option “take the job”.
The Matrix Double Bubble
Map
The decision matrix double
bubble map is an easy way to visualize
decision-making. The map provides a visual representation of the different
options and their associated risks. The map is divided into quadrants, and each
quadrant contains two bubbles. The bubbles represent the potential outcomes of
the different options. The size of the bubble indicates how likely the outcome
is.
The four options in each quadrant are labeled A, B, C, and
D. The bubble in Quadrant A represents the best possible outcome for option A,
while the bubble in Quadrant D represents the worst possible outcome for option
D.
The bubble in Quadrant B represents the best possible
outcome for option B, while the bubble in Quadrant C represents the worst
possible outcome for option C.
The bubble in Quadrant D represents the best possible
outcome for option D, while the bubble in Quadrant A represents the worst
possible outcome for option A.
Benefits of the
Matrix Double Bubble Map
The decision matrix double bubble map is a helpful tool for
making quick, easy decisions. It helps you to see all the possible options and
their consequences quickly and easily. It can be extremely helpful in business
and other decision-making situations.
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