A prioritization matrix (sometimes known as a task or project prioritization matrix) is an easy way to sort tasks into an order of importance. It helps you rank things based on a what is actually important rather than just urgent.
A prioritization matrix template makes that process even quicker by giving you a set of existing criteria to use when you are ranking tasks.
To create a prioritization matrix you first need to gather the right information. You can start with:
Selection criteria make up the quadrants of a prioritization matrix. In our Prioritization Matrix template, the criteria are User Value and Effort. Your quadrants would be:
Quadrant 1: High user value, low effort
Quadrant 2: High user value, high effort
Quadrant 3: Low user value, high effort
Quadrant 4: Low user value, low effort
An Eisenhower Matrix applies the same principles using the criteria Urgent/Not-Urgent and Important/Not important.
Tasks with high user value but require effort should be highest priority. In a Project Prioritization Matrix, these tasks are found in the top left corner.
In an Eisenhower Matrix, it would be tasks which are both urgent and important - those located in the top right quadrant.