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# Design elements - Prioritization matrix

This vector stencils library contains 10 templates for drawing the prioritization matrices using the ConceptDraw PRO diagramming and vector drawing software.
The prioritization matrix is one of the Seven Management and Planning Tools (7 MP tools, Seven New Quality Tools).
"Prioritization Matrix ... is used to prioritize items and describe them in terms of weighted criteria. It uses a combination of tree and matrix diagramming techniques to do a pair-wise evaluation of items and to narrow down options to the most desired or most effective. Popular applications for the Prioritization Matrix include Return-on-Investment (ROI) or Cost-Benefit analysis (Investment vs. Return), Time management Matrix (Urgency vs. Importance), etc." [Seven Management and Planning Tools. Wikipedia]
Use prioritization matrix to rank items based on a set of criteria.
The example "Design elements - Prioritization matrix" is included in the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Prioritization matrices
Used Solutions

## Design elements - Prioritization matrix

"Prioritization Matrix ... tool is used to prioritize items and describe them in terms of weighted criteria. It uses a combination of tree and matrix diagramming techniques to do a pair-wise evaluation of items and to narrow down options to the most desired or most effective. Popular applications for the Prioritization Matrix include Return-on-Investment (ROI) or Cost-Benefit analysis (Investment vs. Return), Time management Matrix (Urgency vs. Importance), etc." [Seven Management and Planning Tools. Wikipedia]
The opportunity prioritization matrix example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Prioritization matrix
Used Solutions

## Design elements - Prioritization matrix

The prioritization matrix ranks factors. The process allows one to identify the factors that are the first priority. These factors can then be analyzed for possible corrective actions. The prioritization matrix allows for the weighting of each identified criterion.
"Prioritization Matrix.
This tool is used to prioritize items and describe them in terms of weighted criteria. It uses a combination of tree and matrix diagramming techniques to do a pair-wise evaluation of items and to narrow down options to the most desired or most effective. Popular applications for the Prioritization Matrix include Return-on-Investment (ROI) or Cost-Benefit analysis (Investment vs. Return), Time management Matrix (Urgency vs. Importance), etc." [Seven Management and Planning Tools. Wikipedia]
The prioritization matrix is one of the Seven Management and Planning Tools (7 MP tools, Seven New Quality Tools).
The prioritization matrix template for the ConceptDraw PRO diagramming and vector drawing software is included in the solution "Seven Management and Planning Tools" from the Management area of ConceptDraw Solution Park.
Prioritization matrix template
Used Solutions

## Mind Maps for Business - SWOT Analysis

ConceptDraw SWOT analysis software is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats facing a project or business.

## Process Flowchart

ConceptDraw is Professional business process mapping software for making process flow diagram, workflow diagram, general flowcharts and technical illustrations for business documents. It is includes rich examples, templates, process flowchart symbols. ConceptDraw flowchart maker allows you to easier create a process flowchart. Use a variety of drawing tools, smart connectors, flowchart symbols and shape libraries to create flowcharts of complex processes, process flow diagrams, procedures and information exchange.
How To Create a Process Flow Chart (business process modelling techniques)

## SWOT Matrix Template

A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective.

## Positioning Map

ConceptDraw PRO is a powerful diagramming and vector drawing software. Extended with Matrices Solution from the Marketing Area of ConceptDraw Solution Park it became the best software for quick and easy designing various types of Matrix Diagrams, including Positioning Map.

## SWOT Analysis

The SWOT Analysis provides information that is helpful in matching the firm's resources and capabilities to the competitive environment in which it operates. As such, it is instrument in strategy formulation and selection. SWOT analysis is a method of strategic planning which identifies the factors internal and external environment of the firm and divides them into 4 categories: strengths, weaknesses, opportunities and threats. The ConceptDraw PRO and MINDMAP software allow professional to make well-designed SWOT matrix in minutes.

## BCG Matrix

The growthâ€“share matrix (BCG Matrix) was created by Bruce D. Henderson for the Boston Consulting Group in 1970 to help corporations to analyze their business units and to help the company allocate resources. How is it easy design the BCG Matrices in ConceptDraw PRO diagramming and vector drawing software supplied with unique Matrices Solution from the Marketing Area of ConceptDraw Solution Park.

## SWOT and TOWS Matrix Diagrams

SWOT and TOWS Matrix Diagrams solution extends ConceptDraw PRO and ConceptDraw MINDMAP software with features, templates, samples and libraries of vector stencils for drawing SWOT and TOWS analysis matrices and mind maps.