Sheet1
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Decision Matrix |
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Criterion A |
Criterion B |
Criterion C |
Criterion D |
Criterion D |
Criterion E |
Option 1 |
Option 2 |
Option 3 |
Criterion weight |
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Generic Decision Matrix: Weighted Scores, Tradeoffs and Total Benefit |
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Criterion A |
Criterion B |
Criterion C |
Criterion D |
Criterion D |
Criterion E |
Total Benefit |
Option 1 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Option 2 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Option 3 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
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Green = High |
Orange = Middling |
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Red = Low |
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Weighted score = raw score X importance weight |
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Total benefit = sum of weighted scores |
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Generic Cost-Benefit Calculation |
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Value = (Benefit/Cost) |
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Total Benefit |
Cost ($) |
Benefit per $ |
Option 1 |
0 |
$0 |
ERROR:#DIV/0! |
Option 2 |
0 |
$0 |
ERROR:#DIV/0! |
Option 3 |
0 |
$0 |
ERROR:#DIV/0! |
Step 1: Add your criteria: B3:G3 |
Step 2: Add your options: A4:A6 |
Step 3: Add criteria weights: B8 – G8 |
Step 4: Rate how well the options contribute to each criterion: B4:G8 |
Step 5: View weighted results andand tradeoffs: B13:G15 |
Step 6: View the Total Benefit of each options: H13:H15 |
Step 7: Add the cost of each option. |
Step 8: Make a decision! |
Note: Obviously, you may need more rows for options and columns for criteria. Just add them within the framework provided. |
© 2014, Sean Brady, Prism Decision Systems, LLC |
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SK2023-05-14 12:25:292023-05-14 12:25:41Cost Benefit Analysis Homework Assignment