How Do You Make A Decision Using A Quantitative Scoring System?
Life involves making a lot of decisions. In fact, one of the decisions you have to make right now is “Should I finish reading this whitepaper or shouldn’t I?” So why not learn to make the best decision, or at least a good one every time? While making a decision based on your “gut instinct” works often, occasionally, a simple quantitative scoring system can provide additional insights and often help you overcome an emotional decision that you will later be unable to justify logically. This method will help you quantify your values and make fast decisions between alternatives. It applies to everything from which mortgage professional should I choose to which car should I buy. • Write three questions you’re trying to decide, e.g. “Which mortgage professional should I choose?” Write up five to six “must-have qualities:” For example: • Professional Knowledge and Expertise (Makes Recommendations consistent with what I value), • Quality of Communication (Helps me understand quickly), • Access