Prioritization Matrix: Essential Management and Planning tool

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The next important Management and Planning tool, which I will explain in this video is the “Prioritization Matrix”. This is also called “Matrix Data Analysis”.

The Prioritization Matrix is a tool that sorts and ranks various options into an order of importance using weighted criteria. This technique helps us to identify which activities, problems or projects are the most important to work on solving first.

I have explained this tool with its meaning and when to use this tool, with practical examples that will be very easy to understand.

This is the 5th Management and Planning tool, that I have mentioned in this video, if you want to see the previous tools in detail, you can see and learn it by visiting the playlist of “07 Management and Planning tools”.

00:00 Introduction
00:41 Prioritization Matrix
01:21 When to use the Prioritization Matrix
01:56 Create the Prioritization Matrix with Example
05:01 Interpretation of Results

I am sure you will like it.

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