What Is a Priority Matrix?

A priority matrix or prioritization matrix is a time management strategy in which you organize your to-dos into several categories. You must use two criteria to create your priority matrix, like impact and effort. Both factors will help you identify your important tasks to prioritize them more effectively.

What criteria does a priority matrix have?

The most common criteria that professionals choose for their priority matrices are impact and effort. You may also choose impact and urgency, effort and urgency, or other similar factors. You can then assign each criteria several levels, like low-impact, medium-impact, and high-impact.

When should you use a priority matrix?

You can use a prioritization matrix to organize your work pretty much at all times. You can organize your tasks immediately after creating them. You may also prioritize your assignments ahead of time if you take advantage of a strategy like time blocking. Besides your personal tasks, priority matrices are also perfect for organizing the work of your team.

Is a priority matrix the same as an Eisenhower matrix?

The Eisenhower matrix, based on the Eisenhower method, is a strategy that’s very similar to the priority matrix. However, they are separate time management techniques that allow you to organize assignments for both yourself and your team.