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Management & Leadership vocabulary · Decision Making

Decision matrix

Meaning in management & leadership, with examples

nounCommon term

In management & leadership, decision matrix means: A table that compares options against a set of criteria, sometimes using scores and weights.

In Turkish: karar matrisi

How it is used

Use to make evaluation criteria visible; the resulting ranking depends on the chosen criteria and weights.

Example sentences

  1. Our decision matrix compared venues on access, cost and room capacity.

    Several criteria are applied consistently to the same alternatives.

  2. Changing the weight for reliability altered the recommendation in the decision matrix.

    The ranking reflects judgement about importance, not only the raw scores.

Common collocations

  • weighted decision matrix
  • build a decision matrix
  • decision-makingThe process of choosing between different options, including collecting information, weighing risks and benefits, and agreeing who makes the final choice.
  • trade-offA situation where you accept less of one thing to get more of another, such as lower quality for faster delivery; also the balance you choose between the two.

More terms: Decision Making

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