A decision matrix is a tool used by decision makers as part of their Decision-Support Systems (DSS) toolkit. The rfptemplates website provides examples of how the technique can be used to evaluate bids or proposals. This technique is especially useful for looking at large number of decision factors and assessing each factor’s relative importance.

This article, written by Merge Gupta-Sunderji, CGA, discusses the importance of organizations providing individuals the opportunity to be able to air honest opinions and criticism in order to consider divergent points of view. This article is published in CGA Magazine.

ITS Tutorial School notes that alternative solutions may differ slightly or radically in the way and the extent to which they achieve various goals. As a result, it is necessary to construct a model of the ideal solution against which to measure alternatives.

Robin Goldwyn Blumenthal, who writes for CFO Magazine, defends the 80-year-old DuPont model. In this article which appears on cfo.com, the author notes that this seasoned metric continues to deliver value if only by virtue of familiarity and simplicity. DuPont still helps companies visualize the critical building blocks in return on assets and return on investments.

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