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Criterion
Paper illustration for ABC Analysis
Operations
ABC Analysis
Paper illustration for Failure Mode and Effects Analysis
Operations
Failure Mode and Effects Analysis
Paper illustration of a decision table with criteria rows, weighted ratings, and a narrowly leading alternative.
Decision Making
Decision Matrix
Purposedifferent
With many similar objects of differing economic significance, the method prioritizes effort by effect. It separates what needs regular steering from what rarely needs attention.For a process, product, or service with noticeable failure risks, the method assesses possible failure modes in advance. It directs attention to combinations of occurrence, effect, and detectability.When several options collide with several criteria, comparison quickly becomes subjective. A Decision Matrix makes the trade-off visible and brings weighting, criteria, and options into a shared logic.
Complexitydifferent
LowHighMedium
Timedifferent
30-60 min2-6 h45-90 min
Participantsdifferent
1-53-102-8
Formatdifferent
AsyncWorkshopWorkshop + async
Outputdifferent
ABC Classification, Focus Rules, Control ListFMEA Table, Risk Priority, Mitigation ActionsDecision Matrix, Scoring Rationale, Selected Option
Tagsno overlap
PrioritizationOperationsPortfolio
RiskQualityOperationsRoot cause
DecisionCriteriaScoringTradeoffs
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Often compared together

Methods with strong topical overlap with the current selection, not yet in the comparison.

Paper fishbone diagram with a measurable effect at the head and six labeled cause branches.
Operations
Fishbone Diagram
Paper illustration of ICE Scoring with its method-specific working model.
Product Strategy
ICE Scoring
Paper illustration for Kepner-Tregoe
Operations
Kepner-Tregoe
Paper illustration for Pareto Analysis
Decision Making
Pareto Analysis