Decision Making Framework

Decision Making Framework

Decision Classification

Step 1: Classify Your Decision

Before applying a specific framework, determine what type of decision you’re facing:

Type of Decision: - □ Reversible (can be changed with minimal cost) - □ Irreversible (cannot be undone or very costly to change)

Importance Level: - □ Low (minimal impact, limited consequences) - □ Medium (moderate impact, significant but not critical) - □ High (major impact, potentially life-changing)

Time Sensitivity: - □ Urgent (requires immediate action) - □ Time-sensitive (has a deadline but not immediate) - □ Non-urgent (can be made with adequate deliberation)

Complexity: - □ Simple (few variables, clear options) - □ Moderate (several variables, some uncertainty) - □ Complex (many variables, significant uncertainty)

Emotional Component: - □ Low (primarily logical/analytical) - □ Medium (mix of logical and emotional factors) - □ High (significant emotional implications)

Decision Frameworks

For Values-Based Decisions: The 10/10/10 Rule

The Decision: _________________________________________________

How will I feel about this decision… - 10 minutes from now? _________________________________________ - 10 months from now? _________________________________________ - 10 years from now? __________________________________________

What values are at stake in this decision? _______________________________________________________ _______________________________________________________

Based on this analysis, my decision is: _______________________________________________________

For Priority Decisions: The Eisenhower Matrix

URGENT
NOT URGENT
IMPORTANT
DO IMMEDIATELY:•••
SCHEDULE:•••
NOT IMPORTANT
DELEGATE:•••
ELIMINATE:•••

For Life Decisions: The Regret Minimization Framework

The Decision: _________________________________________________

When I’m 80 years old, looking back on my life… - If I choose Option A: _________________________________________ - If I choose Option B: _________________________________________

Which choice would I regret not taking? _______________________________________________________

Based on this analysis, my decision is: _______________________________________________________

For Complex Decisions: The WRAP Method

W - Widen Your Options - Current options: ____________________________________________ - Additional options to consider: _______________________________ - Hybrid possibilities: ________________________________________

R - Reality-Test Your Assumptions - Key assumptions I’m making: _________________________________ - How I can test these assumptions: ____________________________ - Disconfirming evidence to consider: __________________________ - Outside perspectives to seek: ________________________________

A - Attain Distance Before Deciding - How this decision aligns with my core values: __________________ - How I would advise a friend in this situation: _________________ - How I might feel about this decision in one year: ______________

P - Prepare to Be Wrong - If this decision goes poorly, what might happen? _______________ - Preventative measures I can take: ____________________________ - Contingency plans: _________________________________________ - Trip wires that would indicate I need to change course: _________

For Action Decisions: The 70% Rule

The Decision: _________________________________________________

Information Assessment: - What information do I currently have? _________________________ - What information am I missing? _______________________________ - Approximately what percentage of necessary information do I have? ____%

If less than 40%: Continue researching the following: ___________ If between 40-70%: Time to decide. My decision is: ____________ If more than 70%: I may be over-analyzing. My decision is: _____

Decision Matrix for Multiple Options

For decisions with multiple options and criteria:

Options
Criterion 1(Weight: __)
Criterion 2(Weight: __)
Criterion 3(Weight: __)
Total Score
Option A
Option B
Option C

Instructions: 1. List all viable options in the left column 2. Identify 3-5 key criteria for evaluating options 3. Assign a weight to each criterion based on importance (1-10) 4. Score each option against each criterion (1-10) 5. Multiply scores by weights and sum for total 6. Compare total scores, but also note any deal-breakers

Decision Journal

Decision Entry

Date: _________________

Decision to be made: _________________________________________

Context/Background: _______________________________________________________ _______________________________________________________

Options considered: 1. _______________________________________________________ 2. _______________________________________________________ 3. _______________________________________________________

Framework used: _____________________________________________

Key factors influencing this decision: _______________________________________________________ _______________________________________________________

What I expect to happen: _______________________________________________________ _______________________________________________________

How confident I am (1-10): _____

Review date: _________________

Decision Review (to be completed on review date)

Actual outcome: _______________________________________________________ _______________________________________________________

What went as expected: _______________________________________________________

What surprised me: _______________________________________________________

What I learned: _______________________________________________________

How I’ll adjust my decision-making process next time: _______________________________________________________