Prioritization Matrix: Essential Management and Planning tool

[@kylenmegan3]

You seriously made my whole year!! I’ve been working to determine how to prioritize projects for MONTHS, and this video is fabulous! THANK YOU!

[@learnandapply]

You're welcome! That's great to hear. Thank you so much for your valuable comments and appropriation 🙏☺

[@WizOWash]

Thank you so much for a very simple and clear explanation!

[@learnandapply]

You're welcome! Thank you so much for your valuable comments and appreciation! 🙏☺️

[@manishdhakal808]

Thank you tons for teaching six sigma tools...

[@learnandapply]

You're welcome and thank you so much for your valuable comments ☺🙏

[@coreo881]

Excellent explanation. Very simple to follow. Thanks!

[@learnandapply]

Thank you so much for your valuable comments and appreciation! 🙏☺️

[@coreo881]

@@learnandapply Certainly! A quick question, and sorry if you already mentioned this, but what would be the next step after identifying your priorities in this way? To use this video's example, what model or planning tool would the team use next after recognizing that the need to "reduce attrition rate" is the top priority? Would it mimic something like a regular old to-do list with assignees? Or something more complex? Thanks!

[@learnandapply]

This is a tool used for the prioritization of projects, activities, or problems in a logical manner. Once we identify which are the top contributors, we need to start working on it. Like you can start by defining the project and creating a Project Charter for the problem.

[@jiachenghe9663]

just found the channel for my LSS class

[@learnandapply]

Thank you for your valuable comments and appreciation! 🙏☺️

[@nehaahuja2761]

Very simply and well explained

[@learnandapply]

Thank you so much for your valuable comments and appreciation! ☺️🙏

[@BAMGunner]

Thank you for explaining it in an easy way :)

[@learnandapply]

Thank you for your valuable comments.. Please share it with your friends and colleagues..

[@only-hw8hn]

Thank you so much sir .....your content is gem..glad I found your channel..🤞

[@learnandapply]

That's great! Thank you so much for your valuable comments and appreciation ☺🙏🙏

[@Incongnito09]

Beautifully explained sir!

[@learnandapply]

Thank you so much for your valuable comments and appreciation 🙏☺

[@sundararamansankaran8691]

Great explanation!! 1. Keeping the same structure, 2. We say select values in each cell 1 to 10 for scoring , 3. On top columns we define the criteria and give a weighted score, 4. Then multiply the cell ranking with top weighted score for each criteria? A small change in your approach, is that fine? Please comment. Thank you!

[@learnandapply]

Thank you for the detailed question. If you are using a 1-10 scale, differentiation of low impact and high impact factors will be difficult. 0,1,3,9 has an important role in differentiation.

[@GPaisley]

@@learnandapply I have found that the 1,3,9 essentially is a high, medium, low rating which people can usually agree to quicker than the difference between, say a 4 and a 5. The 9 for high really helps to break those out very clearly. You'll be glad you use 1,3,9 vs 1-10 or 14.

[@amiteshf5]

Superb Explanation.

[@learnandapply]

Thank you so much for your valuable comments and appreciation ☺🙏

[@cristianmonsalves8132]

Good video, only comment is that you could have done it in less than half the time

[@ibrahimnuh7920]

Besttt!!!!

[@learnandapply]

Thank you so much for your valuable comments and appreciation! 🙏😊

[@SG-rg9ky]

Thanks for this! Great explanation. I am following your structure but have a question about the association score. Can I use a different association score, say 0-4 instead of 0, 1, 3, 9? A small change from what you did, is that fine? Must it be 0, 1, 3, 9? If yes, why? Hope to hear from you. Thanks!

[@learnandapply]

Thank you for your valuable comments! The logic behind using 0,1,3,9 is to increase the difference in values for most important and least important factors to make your decision making easier. This is because, we are using these number for multiplication to calculate weighted score. If you are using other numbers than 0,1,3,9 still, you will get the results, but decision making will be complicated. I hope this will help you. Please reply if you need any further help.

[@SG-rg9ky]

@@learnandapply You're amazing! I understand now. Thanks again :)

[@learnandapply]

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[@juo7752]

Your explanation was super!

[@learnandapply]

Thank you for your valuable comments sir

[@أبوأويسبنإسماعيل]

thank a lot and keep it up

[@learnandapply]

Thank you so much for your valuable comments. Please share it with your friends and colleagues.

[@wisdomseeker3937]

Great explanation

[@learnandapply]

Thank you for your valuable comments..

[@youcefyoucef-wq9gt]

awesome

[@learnandapply]

Thank you so much Youcef again for your great appreciation ☺☺🙏

[@mwakilemaafyusisye5633]

Good

[@learnandapply]

Thank you for your appreciation and comments😊🙏

[@j.a.6866]

Would the “importance rating” at the top change, or remain the same if the strategic criteria is always the same?

[@learnandapply]

It depends on the priorities for organization. Mostly they are constant but can be changed based on priorities.

[@rahulgavade3976]

Why reduce pump failure is selected as association score?

[@learnandapply]

Can you please write a complete question?

[@learnandapply]

If your question is related to selection of "Pump Failure" to explain association score, then it is an example to explain how to score.

[@venkatachalapathibaskar5927]

Excellent.

[@learnandapply]

Thank you for your valuable comments

[@Bumblebee-ud3gv]

who created this teory please

[@learnandapply]

This is a standard methodology for Prioritization. I have learned it in my ASQ Black Belt Training.

[@bolognesi4094]

Grazie!

[@learnandapply]

Thank you for your valuable comments..