Priority Decision Matrix

Could prioritizing according to effort and impact be a good way to arrive at a workable to-do list? Might it also help you decide how to delegate the work?

Simplify they way you prioritize complex and competing projects in your practice with a priority matrix. A priority matrix is simple. An x-axis and a y-axis divide an area into four quadrants. The y-axis (vertical) represents IMPACT level. The higher you go, the more impact you expect. The x-axis (horizontal) represents the EFFORT you must spend to accomplish any task or idea. The farther right you go, the more difficult the task.

Like this tool? Check out more MGMA member tools like this in the Business Strategy Toolkit!