Prioritizing Solutions and Voting
The prioritization matrix is a simple decision matrix used to prioritise solutions based on the amount of benefit (impact) for the effort required. Each possible solution is evaluated and given ratings (1 to 10) on their benefit (impact) to the process and its difficulty (time, cost, effort) to implement. The results can be plotted in a chart and solutions which are high on benefits and low on difficulty to implement are most preferred.
Using voting to select the ‘best’ approach should be used as a last resort. The effectiveness of the voting technique depends largely on the composition of the voting committee. The committee has a good mix of people with the appropriate expertise and representatives from various parts of the process. Some of the commonly used voting technique includes:
- Multi-voting: Members give a score of 1 to k for k number of ideas. The scores are tabulated and the ideas with the lesser scores are chosen
- Iterative Voting: Iterative voting is carrying out multiple multi-voting. It is done when there are too many alternatives selected in the first round of multi-voting
- Limit Voting: Members are asked to select that top three choices. The solution with the most number of votes are selected