Many decision problems can be supported with simple decision-making worksheets. This page describes four such worksheets and provides links to them. A comparison of the underlying methods and other is discussed on the decision making models page.
(For a single decision-maker who must accept or reject a single alternative)
Benjamin Franklin considered the decision-making problem over two hundred years ago. In a 1772 letter to Joseph Priestly, he proposed the Pro/Con method to make a decision on whether or not to pursue a single alternative. A full description of this method with guidance on how to compare the Pros to the Cons can be found in Making Robust Decisions. The basic structure is captured on a Microsoft Word template that you can download and use for free.
Decision Matrix Worksheet
(For a single decision-maker with multiple alternatives and criteria)
The decision matrix (known in the Design for Six Sigma (DFSS) community as Pugh's Method or a concept selection matrix) supports the selection among a set of alternatives. It is accomplished by relative comparison of the alternatives to a set of criteria defined by the issue being solved. Each alternative is weighed by its ability to meet each criterion. The Decision Matrix method supports an individual decision maker, is limited to certain information and has a weak mathematical structure. A full description of this method with guidance on to use it can be found in Making Robust Decisions or The Mechanical Design Process. The basic structure is captured on a Microsoft Word template that you can download and use for free.
Accord Professional is a single seat application that can be used to evaluate the issues covered by a growing set of prepackaged templates. It can evaluate any number of alternatives with inputs from multiple team members. Accord Professional can be used to collect evaluation inputs or run custom templates for decision issues.
Current templates include:
These three decision-making worksheets can be used to help you make robust decisions.