HOW TO MAKE DECISION FROM GIVEN ALTERNATIVES

1. DECISION MAKING
WITHHELP OF CONCEQUENCE MATRIX
MADEBY – SHANTANU SHUKLA
SURBHI PANDEY
SONALI CHOUDHARI
PRAGAGTI KHATKE
PRITI KATKAR
ASHWINI NIMKAR
TEJASWINI PUSTODE

2. It is in your moments of decision that your destiny is shaped.
----- TONY ROBBINS
The thought process of selecting a logical choice from the available options.
When trying to make a good decision, a person must weight the positives and negatives of
each option, and consider all the alternatives. For effective decision making, a person must
be able to forecast the outcome of each option as well, and based on all these items,
determine which option is the best for that particular situation.
--------ANONYMOUS
DECISION
DECISION MAKING

3. QUES- You have to purchase a house . You want it to
be closer to your place of work (not more than 2 km
away from your office ). It should be at least 2 BHK ,
your budget is 55 L .Use the consequence matrix to
arrive at a decision from available options.
 Option A - 3 BHK ,67 L , 1 km from your place of work
 Option B - 2 BHK ,57 L, 3 Km From your place of work
 Option C - 2 BHK ,55 L, 4 Km from your place of work
 Option D - 2 BHK ,56 L, 2.5 Km From your place of work

4. TO FIND OUT THE PERFECT HOUSE TO BUY FROM GIVEN
OPTIONS...
1)DEFINING THE PROBLEM
2)CHOOSING THE ALTERNATIVES
 Option A - 3 BHK ,67 L , 1 km from your place of work
 Option B - 2 BHK ,57 L, 3 Km From your place of work
 Option C - 2 BHK ,55 L, 4 Km from your place of work
 Option D - 2 BHK ,56 L, 2.5 Km From your place of work
3)ANALYZETHE CONSEQUENCS
ELIMINATE ANY CLEARLY INFERIOR ALTERNATIVES.
Organize your remaining alternatives into a table (matrix) that
provides a concise, bird's-eye view of the consequences of
pursuing each alternative.

5. DISTANCE BHK BUDGET
OPTION A
3 BHK ,67 L , 1
AWAY
CONVINIENT MORE THAN
REQUIRMENT
TO HIGH NO
POSSIBILITY
(ELIMINATED)
OPTION B
2 BHK ,57 L, 3 KM
AWAY
FAR
CONVINIENT
(ELIMINATED)
FULFILLING THE
REQUIRMENT
LITTLE HIGH
TO OUR BUDGET
OPTION C
2 BHK ,55 L, 4 KM
AWAY
TO FAR
(ELIMINATE )
FULFILLING THE
REQUIRMENT
PERFECTLY
MATCHED TO
OUR BUDGET
OPTION D
2 BHK ,56 L, 2.5 KM
AWAY
LITTLE FAR
THEN OUR
DESIRED
DISTANCE
FULFILLING THE
REQUIRMENT
A LITTLE HIGH
THAN OUR
BUDGET
CONSEQUENCE MATRIX
OBJECTIVE
ALTERNATIVE

6. AFTER ANALYSING CONSEQUENCE MATRIX WE CAME
TO THISDECISION
THAT OPTION“D” WILLSUITS THE BEST TO BUY BY ALL THE
MEANS.
Option “D” - 2 BHK ,56 L, 2.5 Km From your place of work .
SOLUTION