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PROBLEM ANALYSIS. Prioritization Matrix

ConceptDraw OFFICE suite is a software for Prioritization Matrix diagram making. This diagram ranks the drivers’ factors to determine priority. It identifies the factors of the first priority for analysis of possible corrective actions. It assesses the weight of each factor for each criterion and specifies it in the Prioritization Matrix. The total sum of weights for a factor’s criteria indicates its priority.
7MP Tools
7MP Tools

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.
HelpDesk

How To Create a Prioritization Matrix

Making the prioritization matrix is helpful when all cannot be done at the same time. Prioritization matrix diagram shows the relationships between factors and this helps, to prioritize tasks and resources. This helps you to narrow down variants. By selecting and weighing options you can quickly determine the best choices and direct team to the best destinations. Prioritization matrix helps to identify the best way of implementing the most priority tasks. It is helpful in a case when you have limited resources. ConceptDraw solution for management and planning compiled from the Seven Management and Planning Tools provides the ability to quickly build Prioritization Matrix diagrams for your project using a special template.

PROBLEM ANALYSIS. Identify and Structure Factors

Identify and Structure Factors. Use the Affinity Diagram to collect and structure factors that impact on a problem.
ConceptDraw OFFICE suite is a software for identify and structure factors with affinity diagram. This is a grouping and structuring of factors that impact on a problem.
7MP Tools
7MP Tools

The Action Plan

Action Plan - For the action planning define people and groups involvement in corrective actions by roles, identify logical sequences of scheduled actions and critical path of problem solving, identify possible risks of action plan and propose preventive actions.
ConceptDraw Office suite is a software for decision making and action plan.
7MP Tools
7MP Tools

Corrective Action Planning

One of the stages of the problem's solving process scenario is Corrective Action Planning.
Corrective action planning define people and groups involvement in corrective actions by roles, identify logical sequences of scheduled actions and critical path of problem solving, identify possible risks of action plan and propose preventive actions.

CORRECTIVE ACTIONS PLANNING. Risk Diagram (PDPC)

Risk Diagram (PDPC) - ConceptDraw OFFICE suite is a software for Risks Diagram making. This diagram identifies possible risks in accomplishing corrective actions. With the Risks Diagram, one analyzes each action separately in a tree of all actions and develops a preventive action in response of each potential obstacles or circumstances which may be a risk.
7MP Tools
7MP Tools
"A prioritization matrix is a simple tool that provides a way to sort a diverse set of items into an order of importance. It also identifies their relative importance by deriving a numerical value for the priority of each item.
The matrix provides a means for ranking projects (or project requests) based on criteria that are determined to be important. This enables a department to see clearly which projects are the most important to focus on first, and which,
if any, could be put on hold or discontinued." [oqi.wisc.edu/ resourcelibrary/ uploads/ resources/ Project_ Prioritization_ Guide_ v_ 1.pdf]
The sales activity 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
Prioritization matrix, prioritization matrix,
Used Solutions
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
Prioritization matrix template, prioritization matrix,
Used Solutions
HelpDesk

How to Manage Problem Solving Using Seven Management and Planning Tools

Problem Solving Using Seven Management and Planning Tools
The Seven Management and Planning Tools solution can be used as an extension to the ConceptDraw DIAGRAM software enabling to create Affinity Diagrams, Relations Diagrams, Prioritization Matrices, Root Cause Analysis Tree Diagrams, Involvement Matrices, PERT Charts, and Risk Diagrams.
7 MP Tools
7 MP Tools

Organizational Charts with ConceptDraw DIAGRAM

With ConceptDraw DIAGRAM, you can quickly and easily create any type of orgchart professional. ConceptDraw DIAGRAM includes numerous organizational chart templates for the simple to complex multi-page charts.

Pyramid Diagram

Those triangles within any technical analysis are known to be the chart patterns that can be commonly found in the price charts of the financially traded assets, such as stocks, futures, bonds, etc. The pattern is known to be deriving its name from the fact that it is characterized by some contraction in a price range being the converged trend lines, giving it a triangular shape.

hierarchy pyramid Pyramid Diagrams

hierarchy pyramid
Pyramid Diagrams solution extends ConceptDraw DIAGRAM software with templates, samples and library of vector stencils for drawing the marketing pyramid diagrams.

Pyramid Charts

ConceptDraw DIAGRAM extended with Pyramid Diagrams Solution from the Marketing Area of ConceptDraw Solution Park is a powerful Pyramid Charts making software.
A Pyramid Chart has the form of triangle and hierarchically structures, organizes and help to analyze the information, data or ideas. Triangle is divided on the sections that usually have different widths. The width indicates the level of hierarchy among the topics.
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